Which of the Following Statements Regarding Online Transactions Is False

question 94

Multiple Choice

Which of the following statements regarding online transactions is false?

• A) Conducting transactions online negates the need to satisfy the normal requirements of a contract.
• B) It is unlikely that the courts will extend the postbox rule to apply to online transactions.
• C) Legislation has been passed in some jurisdictions to make electronic documents equivalent to written ones.
• D) Reasonableness of terms can affect the enforceability of electronic contracts.
• E) Clicking an "I Accept" button may constitute valid acceptance of the terms of an agreement.

---

Definitions:

Unit Production Costs

The total cost associated with producing a single unit of a product, including materials, labor, and overhead.

Conversion Cost

The blend of work and indirect expenses used to transform raw materials into completed goods.

Work in Process

Refers to the cost of unfinished goods in the manufacturing process including labor, raw materials, and overhead costs.

Total Conversion Costs

Total conversion costs are the sum of labor and overhead expenses incurred to convert raw materials into finished goods.