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Electronic Retailers Can Collect Transaction Data for Their Data Warehouse

question 78

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Electronic retailers can collect transaction data for their data warehouse, but they can also collect information by placing cookies on a visitor's hard drive. Cookies are

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Definitions:

Existing Asset

Assets that are currently in possession or use by a company, as opposed to newly acquired or disposed assets.

Firm Commitment

An agreement between a buyer and a seller wherein the seller is obligated to supply an agreed-upon amount of goods or services at a specified price.

Derivative Instrument

A financial security whose value is dependent upon or derived from an underlying asset or group of assets.

Options Contract

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date.

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