Michelle Gives Out a Business Card with an E-Mail Address

question 2

Multiple Choice

Michelle gives out a business card with an e-mail address on it.According to the comments that accompany the UETA,it may be reasonable to infer that Michelle has consented to

• A)transact business electronically.
• B)submit to the jurisdiction of any selected forum.
• C)accept and respond to any correspondence sent to that address.
• D)nothing.

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Definitions:

Annual Management Fee

A fee paid to investment managers for managing funds, usually calculated as a percentage of assets under management.

Incentive Returns

Rewards or earnings generated from an investment or project, over and above the initial investment, designed to motivate and reward investors.

Benchmark

A standard or point of reference against which things may be compared or assessed, often used in finance to measure the performance of investments.

Hedge Fund

An investment fund that employs diversified strategies to achieve high returns, including leverage, derivatives, and short selling.