E-Mail Contracts Need Not Meet the Statute of Frauds Requirements

question 63

True/False

E-mail contracts need not meet the Statute of Frauds requirements as long as they meet UCITA guidelines.

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Definitions:

Contingencies

Events or conditions that are possible but cannot be predicted with certainty, often requiring planning for multiple potential outcomes.

Social Acceptance

The act of being recognized, approved, or accepted within a social group or society at large.

Cognitive Intelligence

The ability to learn, understand, reason, and solve problems through mental processes, including memory, awareness, and perceptual cognition.

Emotional Intelligence

The ability to comprehend, manage, and convey one's feelings, as well as to navigate social interactions wisely and with empathy.