A ______________ Authority Is a Private Company That Verifies the Authenticity

question 28

Short Answer

A ______________ authority is a private company that verifies the authenticity of each user in order to discourage fraud.

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Definitions:

Informed Party

An individual or entity that possesses full knowledge of the pertinent facts and information related to a specific transaction or situation.

Information Asymmetry

A situation in which one party in a transaction has more or superior information compared to another party.

Worker

An individual engaged in a specific activity or labor, especially for pay.

Employer

An individual or organization that hires and pays workers for their services or labor.