Section 14(4)of the Federal Electronic Transactions Act 1999 Provides That

question 8

Multiple Choice

Section 14(4) of the federal Electronic Transactions Act 1999 provides that if parties have not agreed to communicate by an electronic system,an electronic communication is deemed to be received when:

• A)it comes to the attention of the receiver.
• B)it is read by a senior member of the receiver's business organisation.
• C)it is printed out by the receiver.
• D)it enters the information system of the receiver.

---

Definitions:

Sales

The total revenue generated from goods or services sold by a company within a specific period.

Break-even Point

The point at which total costs and total revenues are equal, meaning no net loss or gain is incurred.

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent, insurance, and property taxes.

Margin of Safety

The difference between actual or projected sales and the break-even point, measured to assess the risk of loss.