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:

Nativist Movement

Political and social movements that favor native inhabitants over immigrants, often characterized by hostility towards those seen as foreign or outside the dominant culture.

Philadelphia

A city in Pennsylvania, United States, significant for its historical importance in American independence and as the location of the first and second Continental Congresses.

Kansas-Nebraska Act

A piece of legislation passed by the U.S. Congress in 1854 that allowed inhabitants of Kansas and Nebraska territories to decide whether to allow slavery, leading to significant political and social conflict.