Several Courts Have Refused to Enforce Electronic Contracts When the Terms

question 117

True/False

Several courts have refused to enforce electronic contracts when the terms have been found to be unreasonable.

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Definitions:

Economic Conditions

The state of the economy at a given time, encompassing factors like inflation rates, unemployment levels, GDP growth, and consumer spending.

General Decline

A broad decrease in stock prices or market indices, typically pointing to negative market sentiment or economic downturns.

Credit

A setup where merchandise, services, or cash is given in return for a commitment to repay a specific amount of money on a predetermined future date.

Capacity

The maximum output or producing ability of a facility, machine, business, or system under normal working conditions.