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.
The NBA employs a weighted lottery system, meaning the team with the worst record has the best odds of receiving the top pick. This year, that's the Minnesota Timberwolves, who finished a league-worst 16-66, three games worse than our preseason prediction.