Radio-Frequency Identification (RFID) Tags Are Used to Streamline Information Flow

question 62

True/False

Radio-frequency identification (RFID) tags are used to streamline information flow between global customers and suppliers and increase the velocity of supply chains.

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Definitions:

Genuine Assent

An agreement to enter into a contract that is not clouded by factors such as fraud, duress, undue influence, or mistake.

Factual Capacity

The ability of an individual to comprehend facts and circumstances that impact legal responsibilities or rights.

Undue Influence

An improper or wrongful pressure exerted on a person, leading them to act against their will or best interest.

Peerless Case

A reference to Raffles v. Wichelhaus, a landmark court case that dealt with mutual mistake in contract law, specifically regarding the identity of a ship named Peerless.