With Regards to Internet Transactions, an Offer Will Be Accepted

question 138

True/False

With regards to Internet transactions, an offer will be accepted and a contract formed as soon as a message is sent, and it is received as soon as it arrives on the recipient's computer, even if it is never read.

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Definitions:

Compensatory Approach

A strategy or method used to make up for deficiencies or to provide compensation, often seen in contexts such as employee benefits, environmental mitigation, or in resolving disputes.

Validity Generalization

A concept in psychometrics indicating that the validity of a test is consistent across different situations or groups.

Structured Interview

An interviewing method where all candidates are asked the same predetermined set of questions to ensure consistency and fairness in the hiring process.

Personal Financial Credit

Access to borrowed funds provided to individuals by financial institutions under agreed terms for personal use, such as loans or credit cards.