The Case of Rudder V Microsoft Dealt with the Creation

question 33

Multiple Choice

The case of Rudder v Microsoft dealt with the creation of online contracts.The judge held that

• A)consumers cannot be held liable for terms that they did not actually read.
• B)parts of a document that cannot be seen on the screen when the document is first opened are the electronic equivalent of small print.
• C)an electronic contract does not become effective until the consumer is provided with a paper copy of the agreement.
• D)when Canadian consumers become involved in disputes regarding online contracts, they are always entitled to have their claims heard in Canadian courts.
• E)Merely clicking the "I Agree" prompt on an Internet contract can be sufficient to bind a party to all contractual terms, including onerous and unusual terms.

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Definitions:

Posting Process

The act of transferring journal entries to their respective accounts in the ledger.

Journal Page Number

A reference number used in accounting to denote the specific page in a journal where transactions are recorded.

Account Number

A unique sequence of numbers assigned to a customer's account in a bank or financial institution, facilitating the management and identification of accounts.

Ledger

A comprehensive collection of a company's financial accounts, used for recording all financial transactions.