Megan Gives Out a Business Card with an E-Mail Address

question 43

Multiple Choice

Megan gives out a business card with an e-mail address on it. It is reasonable to infer that Megan has consented to

• A)transact business electronically.
• B)submit to the recipient's jurisdiction.
• C)respond to e-mail sent to that address.
• D)nothing.

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Definitions:

Compensation Contracts

Agreements specifying the terms of pay and benefits for an employee or executive, which may include salary, bonuses, stock options, and other forms of compensation.

Accounting Standards Codification

The collection and organization of the authoritative accounting and reporting standards for U.S. GAAP (Generally Accepted Accounting Principles).

GAAP

Generally Accepted Accounting Principles; a collection of commonly followed accounting rules and standards for financial reporting in the United States.

FASB

The Financial Accounting Standards Board, which is responsible for establishing and improving standards of financial accounting and reporting for the private sector in the United States.