Cloud Computing Uses Remote Computing Facilities Owned by Third Parties

question 54

True/False

Cloud computing uses remote computing facilities owned by third parties to run software applications and store files.

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Definitions:

Future Price

The predicted price of a commodity, security, or currency in a futures contract for delivery and payment at a specified future date.

General Motors

A multinational corporation based in the United States that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Moral Hazard

A situation where one party in an agreement can take risks because the other party bears the consequences of those risks.

Theft

The act of stealing, or unlawfully taking someone else's property without their permission with the intent to permanently deprive them of it.