_____________________ Are Systems That Interpret, Transform, and Summarize Information for Use

question 72

Essay

_____________________ are systems that interpret, transform, and summarize information for use in analysis and reporting.

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Definitions:

Unilateral Contracts

Agreements in which one party makes a promise in exchange for the other party's performance, not a promise in return.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise if the other party has reasonably relied on that promise to their detriment.

Revocation

The act of withdrawing, repealing, or cancelling a right, permission, or contract.

Effective Acceptance

The expression of assent to the terms of an offer in a manner requested or authorized by the offeror, resulting in a binding contract.