BizOnlinecom Uses an Electronic Agent,or E-Agent,to Perform Certain Tasks in E-Commerce.With

question 21

Multiple Choice

BizOnline.com uses an electronic agent,or e-agent,to perform certain tasks in e-commerce.With respect to the e-agent's actions,BizOnline.com is bound by

• A)all of the actions.
• B)only those actions of which BizOnline.com is aware.
• C)only those actions that BizOnline.com does not refute.
• D)only those actions that BizOnine.com ratifies.

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Definitions:

Capital Lease

A lease agreement in which the lessee records the leased asset as if it were purchased.

Operating Lease

A contract in which the ownership of the asset remains with the lessor while the lessee has the right to use the asset, without the option to purchase, for a certain period.

Operating Leases

Leases for which the lessee uses an asset for a shorter period than its useful life, and the lessor retains ownership of the asset.

Tax Purposes

The intentions or objectives related to compliance with tax laws and regulations, including the reporting of income, expenses, and other relevant financial information.