A Significant Impediment to E-Commerce Has Been the Questionable Enforceability

question 13

True/False

A significant impediment to e-commerce has been the questionable enforceability of contracts entered into through electronic means, such as the Internet or e-mail, because of the writing requirements under contract and sales law.

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Definitions:

Direct Non-Controlling Interest

A proportional interest in a subsidiary not held by the parent company, representing a share in the equity and profits of the subsidiary.

Retained Earnings

The portion of net income not distributed as dividends but retained by the company to be reinvested in its core business or to pay debt.

Limited

Describes a form of company structure that legally protects its shareholders' liability to the amount of capital they invested.