In What Way Are a Click-Wrap Agreement and a Browse-Wrap

question 66

Multiple Choice

In what way are a click-wrap agreement and a browse-wrap agreement different from one another?

• A) Notification prior to assent is required to enforce terms of a click-wrap agreement.
• B) Notification prior to assent is required to enforce browse-wrap agreements.
• C) Notification and consent are required to enforce browse-wrap agreements.
• D) Notification and consent are required to enforce terms of a click-wrap agreement.

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Definitions:

Liability Assumption

Liability assumption is the agreement to take on the legal responsibilities or debts of another party.

Investment Extent

The degree or scale to which an individual or entity commits assets or capital to various types of investments with the expectation of achieving a financial return.

Operating Agreement

A contract outlining the operating rules of a limited liability company (LLC), including the financial and working relations among business owners (members).

Profit Division

The method or formula by which profits are distributed among stakeholders, partners, or investors in a business.