In Canada, the Objective of the Uniform Electronic Commerce Act

question 92

Multiple Choice

In Canada, the objective of the Uniform Electronic Commerce Act (UECA) is primarily to:

• A) Define what constitutes a privacy violation in a contract
• B) Provide remedies for internet commerce and breach of contract
• C) Restrict internet gambling and online purchases
• D) Make electronic contracts as binding on parties as written ones

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Definitions:

In Season

Refers to the time of year when certain goods, particularly agricultural products, are readily available and at their peak quality.

Demand

How much of a good or service people are inclined and have the means to buy, spanning a range of prices, during a designated timeframe.

Equilibrium Price

The price at which the quantity of a good or service supplied is equal to the quantity demanded, leading to market stability where there is no excess supply or demand.

Equilibrium Quantity

The amount of goods or services available and sought after at the balance price.