As Discussed in the Text, Which of the Following Is

question 61

Multiple Choice

As discussed in the text, which of the following is true regarding electronic contracts and agency authority in Singapore?

• A) In Singapore because of the fear of fraud, agents are not allowed to engage in electronic transactions on behalf of principals.
• B) Singapore relies on a type of law similar to U.S. common law in addressing agency authority in regard to electronic transactions.
• C) Singapore passed a law providing that a principal must countersign any electronic transaction engaged in by an agent.
• D) Singapore passed a law providing that each employer must post a list electronically of all its agents with authority to act on its behalf.
• E) Singapore passed a law by which lack of awareness of a principal for an agent's acts is not recognized as a defense.

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Definitions:

Karen Wynn

A cognitive psychologist known for her research on the foundations of human cognition, particularly in infants, including their understanding of numbers and social evaluation.

Object Permanence

Object permanence is the understanding that objects continue to exist even when they cannot be seen, heard, or touched.

Formal Operational

A stage in Piaget's theory of cognitive development, where individuals develop the ability to think abstractly and reason logically.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, usually developed in infancy.