Under the E-SIGN Act,Phillip May Use an E-Signature in All

question 8

Multiple Choice

Under the E-SIGN Act,Phillip may use an e-signature in all of the following instances except

• A)opening an account with a financial institution.
• B)obtaining a mortgage.
• C)signing his will.

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Definitions:

Purpose Statement

A declaration that outlines the objectives or goals of a document, project, or organization.

Online Training

Learning conducted via the internet, offering flexibility and accessibility for skill development and education.

Informal Report

A less structured report that communicates information or findings, often used within an organization for internal purposes.

Formal Business Report

A formal business report is a structured document that presents information, analysis, and recommendations to address a specific business issue or decision, typically used in a professional setting.