The Uniform Electronics Transactions Act Was Promulgated in 1999

question 48

Multiple Choice

The Uniform Electronics Transactions Act was promulgated in 1999.  Which of the following is not correct in regard to the UETA?

• A) It applies only to transactions between parties each of which has agreed to conduct transactions by electronic means.
• B) It protects electronic signatures and contracts from being denied enforcement because of the statute of frauds.
• C) It requires all transactions between banks to be electronic.
• D) It gives full effect to electronic contracts and develops a uniform legal framework for their implementation.

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Definitions:

Unsteady

Lacking stability, firmness, or steadiness, particularly in movement or in emotional or mental state.

Vestibulocochlear Nerve

The eighth cranial nerve responsible for transmitting sound and equilibrium (balance) information from the inner ear to the brain.

Vestibular Neurons

Neurons that convey information from the vestibular system, which is involved in balance and spatial orientation.

Cerebrum

The largest part of the brain, consisting of the right and left hemispheres, responsible for voluntary activities and higher functions like thought and action.