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Business Studies

Steps of Online Transaction

State with re...

Question

State with reasons whether the following statements are true of false.

In online transactions, account and shopping cart are password protected.

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Solution

True

Explanation:
Yes, it is correct. Both the account and shopping cart are password protected because if the information goes into wrong hands, it can be misused. Thus, to protect sensitive information from getting misused, the information is encrypted through various methods such as SSL.

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