The Following Is a Critical Step in Establishing an Electronic

question 3

Multiple Choice

The following is a critical step in establishing an electronic contract:

• A) ensuring that a secure connection is in place
• B) a phone call to confirm the transaction is legitimate
• C) a privacy policy to be disclosed to the purchaser
• D) a form of assent and a secure website
• E) a form of assent must be properly conducted

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Definitions:

Bankruptcy Code

The collection of laws and regulations that govern the process of bankruptcy in the United States.

Voluntary Liquidation

The process of dissolving a company by its own decision, distributing its assets to creditors and shareholders.

Prepetition Assets

Assets that a debtor owned before filing for bankruptcy protection.

Bankruptcy Estate

The assets that are collected from a debtor who files for bankruptcy.