E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
NBA draft lottery. The NBA Draft is an annual event held since 1985 by the National Basketball Association (NBA), in which the teams who had missed the playoffs that year participate in a lottery process to determine the draft order in the NBA draft.
Only the teams who do not make the playoffs are entered in the lottery. It is different from the NBA lottery, in that the NBA lottery sets each of the picks. In the NHL, there is one winner, and then the standings set the other picks.For example, the 26th place team wins the lottery, and moves into the first overall pick.n the NHL, there is one winner, and then the standings set the other picks. For example, the 26th place team wins the lottery, and moves into the first overall pick.