A Partnership Intentionally Created and Recognized, Orally or in Writing

question 2

Multiple Choice

A partnership intentionally created and recognized, orally or in writing is known as a(n) _____ partnership.

• A) estoppel
• B) agency
• C) implied
• D) apparent
• E) express

Identify different models of cloud services (IaaS, PaaS, SaaS).

Distinguish between various cloud computing models and their use cases.

Recognize the components and infrastructure behind cloud services.

Understand the unique characteristics of services compared to tangible goods.

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Definitions:

Financial Intermediary

An institution that acts as a middleman between savers and borrowers, including banks, investment companies, and insurance companies.

Borrowing Funds

The act of obtaining resources, typically money, from another party with the agreement to return the principal amount along with interest or other charges.

Lending Funds

The act of providing financial resources to individuals, businesses, or other entities with the expectation of future repayment with interest.

Double Coincidence of Wants

A situation in barter economies where two parties each hold an item the other wants, allowing for a direct exchange.