Using Cloud-Based Services and Data Storage Is Referred to as Cloud

question 81

True/False

Using cloud-based services and data storage is referred to as cloud computing.

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Definitions:

Business Judgment Rule

A legal principle that protects corporate directors and officers from liability for decisions made in good faith and in the interest of the company.

Takeover Defense

Strategies employed by a company to prevent or deter unwanted acquisitions or takeovers by another company.

Voting Shares

Shares of a company's stock that give the shareholder the right to vote on company matters at shareholders' meetings.

Tax Considerations

Refers to the factors related to taxes that need to be taken into account when making financial or business decisions.