Velma and Walter Devised a Scheme to Defraud Unsuspecting Readers

question 42

Multiple Choice

Velma and Walter devised a scheme to defraud unsuspecting readers and then sent a message via e-mail to thousands of computer users,hoping to get rich from those who responded.This was their first such attempt.They may have violated:

• A)the CAN-SPAM Act.
• B)state computer crime laws.
• C)RICO.
• D)All of the above.
• E)Both (a) and (b), but not (c).

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Definitions:

Agent

A person authorized to act on behalf of another, known as the principal, in business transactions or legal matters.

Principal

The main party to a transaction or contract who has authorized another party (agent) to act on their behalf.

Duty Of Obedience

The requirement for directors, officers, and agents of a corporation to act within the scope of their authority and in the best interest of the corporation.

Unauthorized Contract

A contract made by a person who lacks the authority to do so, potentially making it unenforceable against the presumed principal.