Which of the Following Statements About Shrinkwrap Contracts Is True

question 3

Multiple Choice

Which of the following statements about shrinkwrap contracts is true?

• A)The label on the shrinkwrap states that by removing the shrinkwrap,the buyer accepts the terms of the software seller's licensing agreement.
• B)Shrinkwrap contracts are enforceable even when the terms violate contract rules such as unconscionability.
• C)The practice of using shrinkwraps never raises ethical problems like those involved in the use of small print,complex,or "hidden" language.
• D)Critics point out that all the consumers understand the contract before accepting the terms and conditions. Generally,when a purchaser buys software,the software is in the form of a disk or CD.These disks are encased in plastic shrinkwrap and frequently bear a label stating that by removing the shrinkwrap,the buyer accepts the terms of the software seller's licensing agreement.This is known as "shrinkwrap contracting." Shrinkwrap agreements are enforceable unless the terms violate contract rules such as unconscionability.

---

Definitions:

Company Policy

Guidelines established by a company to govern its actions and decisions, ensuring consistency and compliance with laws and standards.

Money Value

The monetary worth assigned to goods, services, or assets expressed in terms of currency.

Chicken

A popular poultry meat known for its versatility in cooking and significant presence in various cuisines worldwide.

Payoff

The return or benefit received from a particular action or investment, often used in the context of game theory and economics.