Which of the Following Statements Correctly Illustrates a Legal Signature

question 141

Multiple Choice

Which of the following statements correctly illustrates a legal signature for online commercial transactions?

• A) Clicking an "I Reject" dialogue box.
• B) Signing your name at the bottom of a standard form, and then not mailing it to the business.
• C) Opening an online shopping basket and adding several items to the basket.
• D) Attaching an electronic signature to an electronic document.
• E) Attaching a signature on your computer screen.

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Definitions:

Acquisition Cost

The net cash equivalent amount paid or to be paid for an asset

Residual Value

Residual value is the estimated value of a fixed asset at the end of its useful life, reflecting what it can be sold for or its salvage value.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and government entities.

GAAP

Generally Accepted Accounting Principles (GAAP) are a set of rules and standards used in the United States for financial reporting, providing guidelines on how financial statements should be prepared and disclosed.