Howie Enters into a Contract with Ida Over the Internet

question 35

Multiple Choice

Howie 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 Electronic Signatures in Global and National Commerce Act (E-SIGN Act) ,this contract can

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

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Definitions:

Turnover

Denotes the speed at which staff members exit an organization and are substituted by new hires.

Canada Labour Code

Federal legislation in Canada that regulates employment standards, workplace safety, and labor relations for federally regulated employers.

Industrial Relations

The study and practice of managing the workforce, including the relationships between employers, employees, and the government.

Right To Join

The entitlement of individuals to become a part of an organization, group, or union, typically without restrictions.