Briefly describe nonrepudiation and its importance for EC and electronic transactions
What will be an ideal response?
Nonrepudiation is assurance that an online customer or trading partner cannot falsely deny their purchase, transaction, etc. For EC and other electronic transactions, including cash machines or ATMs, all parties in a transaction must be confident that the transaction is secure; the parties are who they say they are (authentication), and that the transaction is verified being completed or final. Authentication and nonrepudiation are potential defenses against phishing and identity theft.
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Which of the following would most likely help a salesperson to position and differentiate a product as better than other products in the market?
A) cost-benefit analysis worksheet B) ROI calculator C) competitive analysis worksheet D) analysis regression E) statistical model
It may be correctly claimed that insurers usually do not pay for losses because:
A) it is the insured's money that is used to pay the claims B) most insurers do not pay claims until the insured sues them C) almost all claims are caused by fraud D) insurers estimate claims actuarially in advance in order to avoid payments