The Most Significant Characteristic of Direct Access Files Is Access

question 2

True/False

The most significant characteristic of direct access files is access speed.

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Definitions:

Contract Right

A legally enforceable claim that derives from a contract, allowing a party to require another party to perform or refrain from performing certain acts.

Obligor

One who owes an obligation to another.

Notice of Assignment

A formal notification given to all the relevant parties involved that a contract has been transferred from one party (the assignor) to another (the assignee).

Discharge Obligation

The act of fulfilling or settling a responsibility, duty, or debt.