Fyroff consultants,a leading software consulting firm in the United States,decides to launch an Enterprise Resource Planning (ERP)solution.The company chooses the brand name FyroffEnterprise for the new solution.However,when the company attempts to register the domain name,it finds that a small unknown firm is already registered under the same domain name.The small firm is now attempting to sell the domain name to Fyroff.Which of the following terms refers to this practice of buying a domain name only to sell it for big bucks?
A) cybersquatting
B) logic bombing
C) cyberbullying
D) bot herding
E) cyberstalking

Question

Quizplus · Accepted Answer

Cybersquatting refers to the practice of registering, trafficking in, or using a domain name with the intent to profit from the goodwill of someone else's trademark. In this case, the small unknown firm registered the domain name with the hope of selling it to Fyroff for a profit, which is an example of cybersquatting.

Fyroff Consultants,a Leading Software Consulting Firm in the United States,decides