English

Write the Word Or Phrase Or Term Which Can Substitute Each One of the Following: Name the Form of Electronic Currency that Exists Only in Cyberspace. - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Write the word or phrase or term which can substitute the following:
Name the form of electronic currency that exists only in cyberspace.

One Word/Term Answer
Advertisements

Solution

Name the form of electronic currency that exists only in cyberspace: Digital cash
Explanation:
Digital cash has no physical existence; it exists in cyberspace. It is a system of purchasing cash in relatively small amounts and storing it in the computer system. The consumer can spend the cash later when making electronic purchases over the internet.

shaalaa.com
Payment Mechanism
  Is there an error in this question or solution?
Chapter 3: Emerging Modes of Business - Write the word or phrase [Page 97]

APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Emerging Modes of Business
Write the word or phrase | Q 4 | Page 97
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×