E-Commerce _______________

question 6

Multiple Choice

E-commerce _______________.

• A)is the same as e-business
• B)is broader in scope than e-business
• C)involves the buying,selling,marketing,and servicing of products,services,and information over the Internet and other networks
• D)All of the choices are correct

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Definitions:

Mirror Image Rule

A principle in contract law stating that an offer must be accepted exactly without modifications for a valid contract to be formed.

Material Changes

Significant alterations or modifications that could affect a company’s financial condition or the value of its shares, requiring disclosure to shareholders and regulatory bodies.

Arbitration Provision

A clause in a contract that requires the parties to resolve disputes through arbitration rather than litigation.

Precise Time

The exact or accurate measurement of time, often determined through standardized clocks and timing systems.