Scalability Refers to the Ability to Add and Remove Capacity

question 40

True/False

Scalability refers to the ability to add and remove capacity in small units.Horizontal scalability refers to the ability to add capacity on the server side.Vertical scalability refers to the ability to add capacity on the client side through additional workstations and movement of work between clients and servers.

Understand the concept of liability in business structures and ways to limit personal liability.

Grasp the roles and responsibilities of key corporate governance entities, such as the board of directors and stockholders.

Recognize the significance of employee ownership in corporations and the impact on corporate culture and stock ownership.

Understand the requirements and implications of different corporate classifications, such as B corporations and S corporations.

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Definitions:

Adjustment of Debts

A legal process that allows individuals or organizations to reorganize their debts to manage and pay them off.

Individual

A single human being as distinct from a group, class, or family, often used in legal and social contexts to distinguish between collective and personal aspects.

Bankruptcy Act

Legislation governing the process through which individuals or entities unable to meet their financial obligations can seek relief from some or all of their debts.

List of Creditors

A documented record of all individuals or entities to whom a debtor owes money, often compiled in bankruptcy proceedings.