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Identify the Letter of the Choice That Best Matches the Phrase

Question 70

Matching

Identify the letter of the choice that best matches the phrase or concept.

Premises:
Founder of Amazon.com
A payment gateway vendor
Launched AuctionWeb, a free online auction
The percentage of each transaction that the financial institution will charge an e-business for a merchant account
Situation that increases the risk of credit card fraud and potential chargebacks
Customizable storefront software residing on an e-retailer's web server
A return of funds to a credit card company resulting from a card holder's refusal to pay a credit card charge
All the entities involved in creating and distributing products to end users
Someone who assumes the risks and responsibilities associated with starting his or her own business, and receives the opportunity to earn a profit from the business
A company that provides order fulfillment services for other businesses
Responses:
entrepreneur
Jeff Bezos
discount rate
Pierre Omidyar
card not present/card holder not present risk
Authorize.Net
third-party fulfillment
chargeback
installed storefront software
supply chain

Correct Answer:

Founder of Amazon.com
A payment gateway vendor
Launched AuctionWeb, a free online auction
The percentage of each transaction that the financial institution will charge an e-business for a merchant account
Situation that increases the risk of credit card fraud and potential chargebacks
Customizable storefront software residing on an e-retailer's web server
A return of funds to a credit card company resulting from a card holder's refusal to pay a credit card charge
All the entities involved in creating and distributing products to end users
Someone who assumes the risks and responsibilities associated with starting his or her own business, and receives the opportunity to earn a profit from the business
A company that provides order fulfillment services for other businesses
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