The Secure Electronic Transaction (SET) Protocol Uses the Following to Enable

question 11

Multiple Choice

The Secure Electronic Transaction (SET) protocol uses the following to enable the cardholders and merchants to verify online parties' information:

• A) public/private key technology, encryption, and digital certificates
• B) digital readers, online encoders, general key technology
• C) radio wave technology, scanners and bar coding
• D) electronic signatures, X-rays, finger printing technology
• E) all of the above

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Definitions:

Certified Check

A personal check for which the issuing bank guarantees payment by certifying that sufficient funds are available and set aside.

Liable

Legally responsible or obligated, often in the context of owing compensation for harm or damages caused.

Liability

A legal responsibility for one's actions or omissions, which may result in having to pay damages or make restitution in a civil lawsuit.

Instrument

A legal document formally evidencing a right, obligation, or financial transaction.