Data in Databases Are Said to Be Volatile Because Data

question 22

True/False

Data in databases are said to be volatile because data is constantly being added or updated by new transactions.

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Definitions:

NASDAQ

The NASDAQ is a global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.

MBCA Statutory

Refers to the statutory provisions under the Model Business Corporation Act, which is a model set of law intended to regulate corporate affairs.

Close Corporation

A closely held corporation that has a limited number of shareholders, often with restrictions on the transfer of shares and typically managed by shareholder-directors.

Business Judgment Rule

A rule protecting business managers from liability for making bad decisions when they have acted prudently and in good faith.