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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

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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

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.

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Chapter 3: Emerging Modes of Business - Write the word or phrase [Page 97]

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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

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