To Protect Consumers, E-Sign Provides That Consumers Must Consent in a Writing

question 73

True/False

To protect consumers, E-Sign provides that consumers must consent in a writing on paper to conducting transactions with electronic records after being informed of the required hardware and software.

---

Definitions:

Shares Issued

The total number of shares that have been allocated and distributed by a company to shareholders.

Issued Common Stock

Shares that have been allocated to shareholders as part of a company's capital.

Additional Paid-in Capital

The amount of money that shareholders pay in excess of the par value of shares during the issuance of stock.

Balance Sheet

The Balance Sheet is a financial statement that provides a snapshot of a company's financial condition at a specific point in time, listing assets, liabilities, and shareholders' equity.