A Term of an Online Contract Will Not Be Binding

question 27

Multiple Choice

A term of an online contract will not be binding on a customer if it consisted of "fine print" that could not be viewed in its entirety from the main page of the site.That rule was stated in

• A)Kanitz v Rogers Cable Inc.
• B)Doctor's Association Inc v QIP Holders.
• C)Rudder v Microsoft.
• D)Crookes v Newton.
• E)Society of Composers, Authors and Music Publishers of Canada v Canadian Association of Internet Provider.

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Definitions:

Net Of Tax

The amount remaining after the effect of taxes has been accounted for.

Contingent Asset

A possible asset that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity.

Convertible Notes

A financial instrument issued by companies that can be converted into equity, usually at the discretion of the holder or at specific future events.

Interest Expense

The cost incurred by an entity for borrowed funds, representing the price paid for the use of a lender's money or credit.