A Virtual Good Is a Physical Object That Is Sold

question 59

True/False

A virtual good is a physical object that is sold over the internet.

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Definitions:

Computer Fraud and Abuse Act

A U.S. law that criminalizes unauthorized access to computers and networks.

Confidential Client Lists

Lists that contain private information about clients, protected to maintain confidentiality and competitive advantage.

Financial Information

Data regarding the economic activities and condition of an individual or organization, including income, expenses, assets, and liabilities.

Responsible Corporate Officer Doctrine

The Responsible Corporate Officer Doctrine is a principle that holds corporate executives and officers liable for the illegal actions of the corporation, even without direct involvement, if they had power to prevent the misconduct.