The Web Page or E-Mail Is Generally Regarded as the Writing

question 22

Multiple Choice

The Web page or e-mail is generally regarded as the writing that satisfies the Statute of Frauds in the case of:

• A) declared sale.
• B) online sale.
• C) implied sale.
• D) telephone sale.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, including loans, bonds, or credit lines.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Cash Dividend

A distribution of profits by a corporation to its shareholders in the form of cash.

Net Income

A company's total profit calculated by subtracting total expenses from total revenues.