Whisper Systems Developed Encryption Systems That Were Efficient and Without

question 81

Multiple Choice

Whisper Systems developed encryption systems that were efficient and without error.No other company had that ability.Twitter Inc.bought Whisper Systems primarily so it could improve it's security.Whisper Systems was a

• A) retail business.
• B) company with a first-mover advantage.
• C) manufacturing business.
• D) strategy imitator.
• E) product assimilator.

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Definitions:

Warrants

Long-term options issued by a company that grant the holder the right to purchase company shares at a specific price before a specified date.

Ex Rights

A status of a stock that signifies it is trading without the rights to a recent issue or dividend declared, affecting its immediate value.

Additional Paid-In Capital

The amount paid by investors above the par value of a stock during equity issuance, reflecting excess funds contributed by shareholders.