UETA Addresses Electronic Signature and Requires Which of the Following

question 11

Multiple Choice

UETA addresses electronic signature and requires which of the following?

• A)Consent
• B)No consent
• C)Acknowledgment only
• D)None of the above

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Definitions:

Promoters

Individuals or entities involved in creating, organizing, or financing a new business venture.

Fiduciary Relationship

A legal and ethical relationship of trust where one party, the fiduciary, acts in the best interest of another, the principal or beneficiary.

Model Business Corporation Act

A model set of laws prepared by legal experts to guide the states in the development of their corporation statutes.

UCC

Known as the Uniform Commercial Code, this significant body of law sets the standards for commercial transactions throughout the United States.