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Retailing on the Internet Already Accounts for About 25 Percent

question 244

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Retailing on the Internet already accounts for about 25 percent of all retail sales.

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Definitions:

Acquisition

The process of obtaining control of another corporation, either through purchase or merger.

Shares of Stock

Ownership units in a corporation that represent a claim on part of the corporation's assets and earnings.

Corporation

A corporation is a legal entity that is separate and distinct from its owners, offering limited liability, easy transferability of shares, and potential for raising capital.

Federal Statutes

Laws enacted by the federal government of a country.

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