_____ Is a Subset of E-Commerce That Involves Electronic Transactions

question 15

Multiple Choice

_____ is a subset of e-commerce that involves electronic transactions between consumers and a third party to facilitate the process.

• A) Business-to-business (B2B)e-commerce
• B) Business-to-consumer (B2C)e-commerce
• C) Consumer-to-Business (C2B)e-commerce
• D) Consumer-to-consumer (C2C)e-commerce

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Definitions:

Present Value

The present value of a future amount of money or series of cash flows, using a given rate of return.

Market Rate

The prevailing price or cost of products, services, or labor in a competitive marketplace as determined by supply and demand.

Interest

The cost of borrowing money, typically expressed as a percentage rate over a period of time, or the return on investment for savings.

ITQs

Individual Transferable Quotas, a common tool in fisheries management allowing holders to catch a specific percentage of the total allowable catch.