Vaporware Refers to Products

question 31

Multiple Choice

Vaporware refers to products

• A) that are not available in the market or do not even exist but are advertised.
• B) that enter and exit the market without attracting any customers.
• C) that have a very small shelf-life.
• D) whose components are entirely recyclable.

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Definitions:

Drawee

The party directed by a draft or check to pay a certain amount of money, typically a bank.

Payee

The individual or entity to whom money is paid or owes to be paid.

Negotiable Instrument

A negotiable instrument is a written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the characteristic of being transferable by endorsement or delivery.

Validity

Validity refers to the state of being legally sound, effective, or binding; it is the quality of conforming to law or fact.