Electronic Data Interchange Translation Software Interfaces with the Sending Firm

question 73

True/False

Electronic data interchange translation software interfaces with the sending firm and the value added network.

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Definitions:

Legal Positivism

A school of legal thought centered on the assumption that there is no law higher than the laws created by a national government. Laws must be obeyed, even if they are unjust, to prevent anarchy.

Natural Law

The oldest school of legal thought, based on the belief that the legal system should reflect universal (“higher”) moral and ethical principles that are inherent in human nature.

Monetary Damages

Financial compensation awarded to an individual for loss or injury as a result of the violation of a legal right.

Injunction

A legal order issued by a court that compels a party to do or refrain from specific acts.