Which of the Following Statements Regarding Online Transactions Is True

question 57

Multiple Choice

Which of the following statements regarding online transactions is true?

• A) Conducting transactions online negates the need to satisfy the normal requirements of a contract.
• B) The postbox rule applies to both non-instantaneous and instantaneous methods of communication.
• C) Common law has established the equivalency of electronic documents to written ones.
• D) Electronic signatures are not effective in determining the capacity of the parties entering into a contract.
• E) Clicking an "I Accept" button may constitute valid acceptance of the terms of an agreement.

---

Definitions:

High-duration

Describes bonds or other fixed-income securities that have high sensitivity to changes in interest rates, usually because they have a long time until maturity.

Low-duration

Refers to investments that have a short time until maturity, typically associated with lower interest rate risk.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, expressed in years.

Today's Dollars

An amount of money adjusted for inflation to reflect current purchasing power, often used to compare money values at different times.