Deceitful Practices and Fraud Are Ongoing Concerns for Those Transacting

question 27

Multiple Choice

Deceitful practices and fraud are ongoing concerns for those transacting business on the internet.Pat has recently been the victim of such a scam.He gets into a heated discussion with his friend over the application of current consumer protection laws to online transactions.Which of the following statements is correct?

• A) While case law applies to online activities, statute law -such as sale of goods legislation- does not apply to such transactions.
• B) Although new legislation may be enacted in the future, general consumer protection legislation has yet to be extended to online transactions in any Canadian jurisdictions.
• C) Provincial securities regulations will also apply to trades on the internet, but amendments will likely be enacted to apply special provisions to electronic trading.
• D) In most provinces, consumer protection legislation has been enacted to invalidate internet transactions and render electronic "signatures" ineffective.
• E) Consumer protection law in respect of online transactions is governed by the federal Universal Internet Transactions Act (UITA).

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Definitions:

Northern State

In the context of the American Civil War, a Northern state refers to any of the states that were part of the Union, opposing the seceding Confederate Southern states.

Common Schools

Early public schools in the United States aimed at providing basic education to children of all social classes.

Social Equality

A state in which all individuals within a society have the same status in terms of rights, freedoms, and opportunities.

Time Discipline

The social and economic practice of coordinating and regulating human activities and work efficiency through the strict measurement and management of time.