HappyCow Is an Example of a Location-Based Social Media Application

question 46

True/False

HappyCow is an example of a location-based social media application.

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Definitions:

Fiduciary

A person who has a duty to act primarily for another person’s benefit.

Duty of Performance

An agent’s obligation to perform the duties specified in the agency agreement and to do so with reasonable skill and care.

Principal

The amount of money originally invested or loaned, on which basis interest and returns are calculated.

Agent

A party who has the authority to act on behalf of and bind another party.