Mr. X entered into a contract with Mr. Y for purchase of house hold products via online stores on Cash on Delivery (CoD). As per the terms, it was to be delivered within 3 days of the order placed. Due to delivery on the fourth day, Mr. X denied for the performance of the contract. This can be said to be a ___.
A. Risk associated with controls
B. Risk associated with security
C. Risk associated with transaction
D. Risk associated with e-Commerce
Answer:D
Mr. X entered into a contract with Mr. Y for purchase of house hold products via online stores on Cash on Delivery (CoD). As per the terms, it was to be delivered within 3 days of the order placed. Due to delivery on the fourth day, Mr. X denied for the performance of the contract. This can be said to be a ___.
A. Risk associated with controls B. Risk associated with security C. Risk associated with transaction D. Risk associated with e-Commerce