When You Make a Purchase Online, That Transaction Is an Example

question 70

True/False

When you make a purchase online, that transaction is an example of batch processing.

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Definitions:

Partnership

A valid form of business collaboration that entails two or more individuals equally partaking in management and enjoying profits.

Close Corporation

A type of business corporation that is privately held, with a limited number of shareholders and restrictions on share transfers.

Shares

Units of ownership interest in a corporation or financial asset, providing a proportionate claim on the company's assets and profits.

Few Persons

A term not widely used in a specific financial or legal context; generally, it refers broadly to a small number of individuals.