Order Processing Corporation and Pinpoint Data, Inc

question 15

Multiple Choice

Order Processing Corporation and Pinpoint Data, Inc., enter into a con?tract online in a state that has enacted an unmodified version of the UETA. With regard to the E-SIGN Act

• A) the E-SIGN Act does not preempt this version of the UETA.
• B) the E-SIGN Act preempts this version of the UETA.
• C) the "fit" between the acts is an issue for a court to determine.
• D) the two acts "cancel" each other's application.

---

Definitions:

Deposits

Funds placed into an account at a financial institution for safekeeping, which may earn interest over time depending on the account type.

Coupon Bond

A type of bond that pays the holder a fixed interest rate (coupon) periodically until the maturity date, at which point the principal amount is repaid.

Yield To Maturity

The total return expected on a bond if it is held until the maturity date.

Market Price

The market's current selling or purchasing rate for a service or asset.