Which of the Following Is True with Respect to the Application

question 90

Multiple Choice

Which of the following is true with respect to the application of contract law to the internet?

• A)Online communications are governed by the "post-box rule."
• B)No jurisdiction has passed any legislation making electronic communications the equivalent of written documents for legal purposes.
• C)Clicking an "I Accept" button on a website is considered the equivalent of achieving the consensus element of a binding contract.
• D)If the basic requirements of acceptance are not met,an offer accepted by email is binding on both parties.
• E)Internet contracts are governed by the federal Uniform Electronic Commerce Act in effect throughout Canada.

Distinguish between permanent and temporary accounts.

Recognize the expense recognition principle for natural resources.

Understand the concept and accounting treatment of goodwill.

Familiarize with the depletion method used for natural resources.

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Definitions:

Positive Instances

Situations or examples that support or confirm a hypothesis or idea, especially those that result in positive outcomes or achievements.

Hypermorphs

Genetic mutations that result in an increased function of the gene product, which can lead to developmental or physiological abnormalities.

Hypomorphs

Refer to genetic variants that result in decreased gene function compared to the wild type.

Prelinguistic Vocalizations

Sounds made by infants before they acquire language, such as cooing and babbling.