Which of the Following Would a Business Law Professor Most

question 40

Multiple Choice

Which of the following would a business law professor most likely indicate as being the result of the online industries' need to establish principles for protecting e-commerce customers?

• A) Canadian Association of Internet Providers Voluntary Code of Conduct
• B) Canadian Code of Practice for Consumer Protection in Electronic Commerce
• C) Project FairWeb and CA Webtrust Electronic Commerce Third Party Seal Programs
• D) Personal Information Protection and Electronic Documents Act

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Definitions:

Treasury Stock

Treasury stock consists of shares that were issued and later reacquired by the company. These shares do not pay dividends and do not have voting rights.

Par Common Stock

The nominal or face value of a share of common stock as stated in the corporate charter, which has no direct relation to the market value.

Fair Market Price

This term refers to the price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Treasury Stock

Shares that were once part of the floating stock of a company but were then repurchased and are held by the company itself.