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The Legal and Ethical Issues Related to E-Commerce Include All

question 26

Multiple Choice

The legal and ethical issues related to e-commerce include all of the following except:

Understand the elements that constitute a valid offer in contract law.
Grasp the concept and requirements of the UCC’s firm offer rule.
Recognize the effects of a party’s death or incapacity on an offer.
Understand the regulations governing advertisments and pricing.

Definitions:

Probate

The judicial process in which a will is proven in a court of law to be valid or invalid, and the legal process of administering the estate of a deceased person.

Bailment Contract

An agreement where personal property is transferred from the bailor to the bailee for a specific purpose, with the expectation of return.

Bailee Liability

refers to the legal responsibility of a bailee (a person or entity who temporarily holds property belonging to another) to take reasonable care of the goods in their custody.

Abandoned Property

Abandoned property refers to assets or possessions left by an owner who has intentionally relinquished all rights to its control and ownership.

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