A Contract That Requires a Fee of More Than $5,000

question 88

Multiple Choice

A contract that requires a fee of more than $5,000 is enforceable under the Uniform Computer Information Transaction Act (UCITA) when .

• A) the contract is authenticated
• B) a condition subsequent is included in the contract
• C) the seller (licensor) has satisfied the perfect tender rule
• D) a physical copy of the contract has been sent to the buyer

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Definitions:

Potential Home Buyer

An individual or party showing interest and financial capability to purchase residential property.

Panel Interview

A job interview method where the candidate is interviewed by several people at once, often from different departments or levels within the company.

Diverse Group of Applicants

A Diverse Group of Applicants means having candidates from a wide range of backgrounds, including different races, genders, ages, and cultural experiences, for a job position.

Selection Process

The method by which companies identify, evaluate, and choose candidates for employment from a pool of applicants.