An ERP System Would Most Likely Be Installed on a __________

question 39

Multiple Choice

An ERP system would most likely be installed on a __________.

• A) Mainframe computers
• B) Microcomputers
• C) Supercomputers
• D) Wearable computers

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Definitions:

Collateral

Assets that are pledged as security for the repayment of a loan, which can be seized by the lender if the borrower fails to repay the loan as agreed.

Primarily Liable

Refers to the party who holds the initial or most significant responsibility for fulfilling an obligation or debt.

Lien

A legal right or claim against a property by a creditor, ensuring payment of a debt or fulfillment of an obligation.

Judgment-Proof

Refers to a situation where an individual or entity has little to no attachable assets for creditors to claim in case of a lawsuit judgment against them.