Which of the Following Is True of the UCITA

question 64

Multiple Choice

Which of the following is true of the UCITA?

• A) It establishes a uniform set of rules that prohibit all forms of cybersquatting.
• B) It defines which technologies should be used to create a legally binding signature in cyberspace.
• C) It aims at eliminating all domain names registered in bad faith.
• D) It does not become law until a state's legislature enacts it as a state statute.

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Definitions:

Economic Value

The worth of a good or service determined by the benefit it provides juxtaposed with the cost of its production or acquisition.

Supply Of Land

The total amount of land available for various purposes such as agriculture, construction, and conservation.

Usury Law

Laws that establish a cap on the interest rates that can be applied to loans, aimed at safeguarding individuals from exceedingly high charges.

Loanable Funds

Money available for borrowing. The market for loanable funds is where borrowers and lenders come together, influencing interest rates.