The E-SIGN Act Is a Not a Federal Statute and State

question 10

True/False

The E-SIGN Act is a not a federal statute and state legislatures are required to adopt it in order for it to become a state law.

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Definitions:

Preferred

Refers to something that is more desirable or favored over other options.

Indifference Curve

A graphical representation showing different combinations of two goods that provide equal satisfaction and utility to a consumer.

Total Utility

The cumulative satisfaction or value that a consumer derives from consuming a given amount or number of goods or services.

Indifference Curve

A graph showing different combinations of two goods between which a consumer is indifferent.