A Website That Provides the Ability to Conduct Sales Transactions

question 205

Multiple Choice

A website that provides the ability to conduct sales transactions for products and services emphasizes the ________ design element.

• A) commerce
• B) context
• C) community
• D) content
• E) connection

Describe federal protections against billing mistakes/errors.

Understand and identify phishing scams.

Recognize considerations before cosigning a loan.

Describe consumer advisories when activating new credit cards.

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Definitions:

IRR

Internal Rate of Return; a financial metric used to estimate the profitability of potential investments, calculated as the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Financial Break-Even

The point at which revenues equal expenses and neither profit nor loss is realized.

Required Rate

Also known as the Required Rate of Return, it is the minimum annual percentage return an investor expects to achieve from an investment.

Discounted Payback

The period of time required to recoup the cost of an investment considering the time value of money through discounted cash flows.