Which of the Following Statements Correctly Illustrates a Legal Signature

question 19

Multiple Choice

Which of the following statements correctly illustrates a legal signature for online commercial transactions?

• A)Signing your name at the bottom of a standard form, and then not mailing it to the business
• B)Clicking an "I Reject" dialogue box
• C)Opening an online shopping basket, and adding several items to the basket
• D)Attaching a signature on your computer screen
• E)Attaching an electronic signature to an electronic document

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Definitions:

Compounded Monthly

In finance, it refers to the process of computing interest on an investment or loan on a monthly basis, with each month's interest being added to the principal for the calculation of subsequent interest.

Interest

The cost of borrowing money or the payment received for saving or investing money, typically expressed as an annual percentage of the principal.

Nominal Rate

The interest rate stated on a financial product, not adjusted for inflation.

Effective Rate

The actual interest rate an investor earns or pays on an investment or loan, taking into account the effects of compounding.