Which of the Following Is True with Respect to the Application

question 90

Multiple Choice

Which of the following is true with respect to the application of contract law to the internet?

• A)Online communications are governed by the "post-box rule."
• B)No jurisdiction has passed any legislation making electronic communications the equivalent of written documents for legal purposes.
• C)Clicking an "I Accept" button on a website is considered the equivalent of achieving the consensus element of a binding contract.
• D)If the basic requirements of acceptance are not met,an offer accepted by email is binding on both parties.
• E)Internet contracts are governed by the federal Uniform Electronic Commerce Act in effect throughout Canada.

---

Definitions:

Midstream

In the oil and gas industry, refers to the transportation, storage, and wholesale marketing of crude or refined petroleum products.

Reamplify

The process of amplifying a signal again, usually to restore its strength after it has been weakened or degraded.

U.S. Currency

The official money used in the United States, primarily consisting of Federal Reserve Notes (dollars) and coins.

Held Abroad

Refers to assets or investments located or held in a foreign country, outside of the investor's home nation.