Howe Enters into a Contract with Ida Over the Internet

question 2

Multiple Choice

Howe enters into a contract with Ida over the Internet to buy soybeans as a hedge against falling prices in corn.Neither party prints out a hard copy.Under the federal Electronic Signatures in Global and National Commerce Act (E-SIGN Act) ,this contract can

• A)be denied effect if it falls under the UCC's Statute of Frauds.
• B)be denied effect unless a hard copy is printed.
• C)be denied effect until it is executed.
• D)not be denied effect because it is only in electronic form.

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Definitions:

Sender's Culture

The cultural background and context of the person or organization sending a message, which can influence communication.

Global

Pertaining to or involving the entire world; worldwide in scope or application.

Diverse

Characterized by variety or differences, often used to describe inclusive or varied groups and ideas.

Workforce

The collective group of individuals engaged in work within an organization or the labor market at large.