Which of the Following Proposals Is Found Within the Canadian

question 5

Multiple Choice

Which of the following proposals is found within the Canadian Code of Practice for Consumer Protection in Electronic Commerce?

• A)Online vendors should make a complaints procedure available to customers, endeavour to deal with complaints within one week, and resolve or address complaints within 45 days.
• B)To reduce the risk of confusion and disagreement, online communications should be available in one language only.
• C)Unsolicited emails can be sent to customers without their consent as long as the subject line of the email clearly specifies what the message is about.
• D)Online vendors should never communicate with people they know to be children.
• E)Online vendors do not have to worry about any liability whatsoever as jurisdiction of the courts cannot be taken over them.

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Definitions:

Terms: 3/20, Net 30

Payment terms indicating a 3% discount if paid within 20 days, otherwise net amount is due within 30 days.

June 1 Dating

A term used in trade credit to indicate that the payment is due on June 1 for purchases made now.

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, involving collecting and processing checks received at a special post office box.

Electronic Transfer

The digital exchange of money between accounts, which can occur within the same financial institution or across different institutions.