Nero and Oona Negotiate a Contract

question 31

Multiple Choice

Nero and Oona negotiate a contract. Nero prints out a hard copy to review before both parties sign the electronic form of the contract. Neither party signs the hard copy. Under Electronic Signatures in Global and National Commerce Act (E-SIGN Act) , the signatures can

• A) be denied effect because they are in electronic form.
• B) be denied effect because Nero has not signed a hard copy.
• C) be denied effect because Oona has not signed a hard copy.
• D) not be denied effect because they are in electronic form.

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Definitions:

Chief Operating Officer

A senior executive responsible for managing the day-to-day administrative and operational functions of a company.

Administrative Skills

Abilities related to managing operations, carrying out organizational policies, and ensuring the smooth functioning of businesses.

Katz's Model

A framework proposing three foundational skills necessary for effective management: technical, human, and conceptual skills.

Company's Goals

The objectives that a company aims to achieve, which can range from financial success to market dominance or innovation.