Which of the Following Is True with Respect to the Application

question 73

Multiple Choice

Which of the following is true with respect to the application of contract law to the Internet?

• A) If the basic requirements of acceptance are not met, an offer accepted by e-mail is binding on both parties.
• B) Clicking an "I Accept" button on a website is considered the equivalent of achieving the consensus element of a binding contract.
• C) Online communications are governed by the postbox rule.
• D) No jurisdictions have passed any legislation making electronic communications the equivalent of written documents for legal purposes.
• E) Internet contracts are governed by the federal Uniform Electronic Commerce Act, in effect throughout Canada.

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Definitions:

Economy Moves

The dynamic changes and shifts in economic activity and trends over time, including growth, recession, and recovery phases.

Demand

The quantity of a product or service that consumers are willing and able to buy at a given price over a specified period.

Quantity Supplied

The complete quantity of a product or service that producers are prepared and can offer for sale at a certain price during a particular timeframe.

Economy Moves

Refers to changes or shifts in the economic activities and conditions within a country or region.