Which of the Following Best Describes How E-Mail Contracts Are

question 34

Multiple Choice

Which of the following best describes how e-mail contracts are viewed under the law?

• A) E-mail contracts are not usually valid because of the ease of deleting e-mail messages.
• B) E-mail contracts for goods can be valid,but not e-mail contracts for services.
• C) E-mail contracts are valid only for contracts less than $500.
• D) E-mail contracts are valid so long as both parties sign a written copy printed out from the e-mail.
• E) E-mail contracts are generally treated similarly to contracts negotiated by other means.

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Definitions:

Long-Lived Assets

Assets with a useful life extending beyond one year, used in the operation of a business, such as equipment or buildings.

Allocated To Expense

A method of assigning or distributing costs among various accounts or periods as expenses.

Net Income

The net earnings of a business following the subtraction of all costs and taxes from the gross income.

Predictor

A statistical measure or model used to estimate future trends or outcomes based on historical data.