Which of the Following Statements About the Internet Is True

question 114

Multiple Choice

Which of the following statements about the Internet is true?

• A) The Internet always makes things easier.
• B) The Internet is a virtual marketplace and speeds up globalization.
• C) The Internet's impact is felt only at the level of businesses as a whole and not by individual employees.
• D) The Internet does not create threats as competitors capitalize on new developments.
• E) The Internet compels people to respond to e-mail messages immediately.

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Definitions:

Chapter 7

A provision under the U.S. Bankruptcy Code dealing with the process of liquidation, where a debtor's assets are sold off to pay creditors.

Debtor's Estate

The total assets and liabilities of a debtor that are considered in the event of bankruptcy or for satisfying debts.

Creditors

Individuals or institutions to whom money is owed by debtors.

Unsecured Creditors

Creditors that lend money without taking collateral, meaning they do not have a claim on specific assets of the borrower in case of default.