Which of the Following Is True Regarding Electronic Signatures

question 53

Multiple Choice

Which of the following is true regarding electronic signatures?

• A)Electronic signatures are not widely accepted because of the likelihood of fraud.
• B)Banking companies are prohibited from having policies that deem the merchant responsible for a buyer's fraudulent charges.
• C)Many banking companies have policies that deem the merchant responsible for the charge if the buyer's payment is fraudulent.
• D)Many banking companies have policies that deem the buyer responsible for fraudulent charges.
• E)There are few risks for companies who conduct business through an online banking system.

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Definitions:

Deficiency

The state of lacking a necessary quality or element, leading to inadequacy or incompleteness.

Decision Complexity

The level of difficulty and the number of factors and variables that must be considered when making a decision.

Government Regulation

The act of governing bodies setting and enforcing rules and standards on industries, businesses, and individuals to protect public interest.

Decision Complexity

The level of difficulty in making a choice, often due to the number of variables, potential outcomes, or implications involved.