A Contract That Requires a Fee of More Than $5,000

question 88

Multiple Choice

A contract that requires a fee of more than $5,000 is enforceable under the Uniform Computer Information Transaction Act (UCITA) when .

• A) the contract is authenticated
• B) a condition subsequent is included in the contract
• C) the seller (licensor) has satisfied the perfect tender rule
• D) a physical copy of the contract has been sent to the buyer

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Definitions:

Festinger

An American social psychologist best known for Cognitive Dissonance Theory, which explains the discomfort that arises from holding two conflicting beliefs simultaneously.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes, leading to changes in belief or behavior to reduce the discomfort.

Elliot Aronson

An influential psychologist known for his research on social influence, group dynamics, and the theory of cognitive dissonance.

Theory of Planned Behavior

A psychological theory that links one's beliefs and attitudes towards behaviors to their actual behavioral intentions and actions.