Provide a Brief Description of the Basics of the Netflix

question 50

Essay

Provide a brief description of the basics of the Netflix DVD-by-mail business model.

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Definitions:

Legislative

Relating to a legislature or law-making body, legislative involves the process of crafting, enacting, and amending laws and statutes.

Commerce Clause

A provision of the U.S. Constitution (Article I, Section 8, Clause 3) that gives Congress the power to regulate commerce with foreign nations, and among the several states, and with the Indian tribes.

Import-Export Clause

A provision in the United States Constitution that prohibits states from imposing taxes or duties on imports and exports, with certain exceptions.

Tax

A mandatory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.