1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verizon [17]
3 years ago
11

The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and pay

ment (EBPP) system for the B2C environment. a) True b) False
Business
1 answer:
charle [14.2K]3 years ago
3 0

Answer:

a) True

Explanation:

Electronic bill payment and presentment (EBPP) can be regarded as process that is been utilized by

companies in collection of payments electronically by utilization of systems such as Automated Teller Machines (ATMs) as well as Internet and direct-dial access. This has turned to a core component of online banking as regards to some financial institutions today, some industries such as telecommunications and insurance providers make use of it.

Electronic invoicing and presentment payment (EIPP) can be regarded as process involving sending of electronic invoice to customers using the internet, as well as the ability of customers to be able to pay that invoice online also. It give a solution that brings about increased productivity, as well as given room for business owner to spend more time in developing their business as well as relationships with their customers.

It should be noted that the The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and payment (EBPP) system for the B2C environment.

You might be interested in
Gina induces hugh to enter into a contract for the purchase of a condominium about which gina knowingly misrepresents a number o
marysya [2.9K]

In a condition where Gina induces Hugh to enter into a contract for the purchase of a condominium about which Gina knowingly misrepresents a number of material features, Hugh can rescind from entering into the contract on the basis of fraud when he discovers about the truth of Gina's wrongful intentions.

<h3>What is the significance of a fraud?</h3>

A fraud can be referred to or considered as a situation that arises when either of the parties to a contract is unaware of the wrongful intentions of the other party at the time of entering into the contract.

Therefore, the significance regarding a fraud has been aforementioned.

Learn more about a fraud here:

brainly.com/question/12285524

#SPJ4

4 0
1 year ago
A debtor owed a creditor $1,200 on a promissory note that was due on August 1. After the debtor told the creditor that he might
Ilya [14]

Answer:

The correct option is C. Yes, because the debtor incurred a different obligation than he already had.

Explanation:

Note: This question is not complete as the options are omitted. The question is therefore completed before answering the question by providing the options as follows:

A. No, because the debtor incurred no additional detriment that would serve as consideration for the new agreement.

B. Yes, because it would have cost the creditor $1,200 to purchase the entertainment system himself.

C. Yes, because the debtor incurred a different obligation than he already had.

D. Yes, because the new agreement between the debtor and the creditor is enforceable with or without

Explanation of the answer is now provided as follows.

It is possible to enforce the two parties' new agreement as an accord.

An accord can be described as an agreement in which one party to an existing contract agrees to accept some other, different performance from the other party in lieu of the performance that the other party is obligated to provide. In principle, an agreement must be backed by payment, but the consideration can be less than the amount agreed upon in the preceding contract if it is of a different character or the claim is to be paid to a third party. The responsibility of the debtor to supply the creditor with a new entertainment system was enough fresh consideration to constitute a legal agreement in this case.

When a party's responsibility is modified in some way, as the debtor's duty was in this case, the preceding legal duty rule does not apply. It makes no difference whether the creditor's benefit in the accord arrangement is equal to the original debt's worth; courts will find appropriate consideration if the consideration is fresh or different in any way. The difference in the debtor's obligation, that is, payment is in the form of an entertainment system rather than cash) is enough to sustain the accord arrangement, regardless of how much the entertainment system would have cost the creditor.

The Uniform Commercial Code (UCC) does not apply because the original agreement was not for the sale of goods. The underlying commitment in this case was to pay a debt secured by a promissory note.

Therefore, the correct option is C. Yes, because the debtor incurred a different obligation than he already had.

6 0
2 years ago
which term refers to the situation where the parties involved in a civil case come to an agreement and and is overseen by an imp
ycow [4]

Mediation maybe I think that’s the correct answer

5 0
3 years ago
The part of staffing that involves seeking out and attracting qualified potential job
IRINA_888 [86]

Answer:

Option D. None of the other options fit.

4 0
3 years ago
A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of $250. What is private savin
skad [1K]

Answer: c. $300

Explanation:

Private Saving is income less taxes and consumption so is calculated by the formula;

= Y - C - T

= Income - Consumption - Taxes

Find Consumption

Y - C - G = I

Income - Consumption - Government spending = Investment

1,000 - C - 200 = 250

C = 1,000 - 200 - 250

C = $550

Private Saving is therefore;

= 1,000 - 550 - 150

= $300

8 0
3 years ago
Other questions:
  • Big John’s manufacturing currently produces its lead product on a machine that has a variable cost of 0.32 per unit and a fixed
    12·1 answer
  • Ken, a real estate agent, assures Lily that a certain parcel of commercial property fronts on the most highly trafficked street
    5·1 answer
  • A regression analysis of 117 homes for sale produced the following regression equation, where price is in thousands of dollars a
    11·1 answer
  • I have been struggling with quizzes
    9·2 answers
  • Bramble's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's b
    13·1 answer
  • Alex, a Nevada developer, has a very large development of attached retirement villas. He is interested in advertising this devel
    10·1 answer
  • A Metro City ordinance imposes a jail term, without a trial, on all vendors who operate in certain areas. A court would likely r
    8·1 answer
  • Ichiro is injured in a two-car accident and sues Heather, the driver of the other vehicle, alleging negligence. Heather claims t
    5·2 answers
  • eall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mach
    15·1 answer
  • Carla Vista Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $500,0
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!