Under the Electronic Commerce Act, Acceptance Occurs When the Offeree

question 2

True/False

Under the Electronic Commerce Act, acceptance occurs when the offeree sends the email.

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Definitions:

External Equity

Financing obtained from sources outside a company, such as public stock offerings or venture capital investments.

Flotation Cost

Flotation cost is the total charges associated with creating and issuing new shares of stock, encompassing underwriting, legal, and registration fees.

Equity Capital

Funds raised by a company in exchange for shares of ownership, representing the value of shareholders' equity.

Retaining Earnings

Profits that a company has decided to keep or reinvest in itself rather than pay out as dividends to its shareholders.