Deceitful Practices and Fraud Are Ongoing Concerns for Those Transacting

question 107

Multiple Choice

Deceitful practices and fraud are ongoing concerns for those transacting business on the Internet. Pat has recently been the victim of such a scam. He gets into a heated discussion with his friend over the application of current consumer protection laws to online transactions. Which of the following statements is correct?

• A) In most provinces, consumer protection legislation has been enacted to invalidate internet transactions and render electronic "signatures" ineffective.
• B) Provincial securities regulations will also apply to trades on the Internet, but amendments will likely be enacted to apply special provisions to electronic trading.
• C) Although new legislation may be enacted in the future, general consumer protection legislation has yet to be extended to online transactions in any Canadian jurisdictions.
• D) Consumer protection law in respect of online transactions is governed by the federal Universal Internet Transactions Act (UITA).
• E) While case law applies to online activities, statute law - such as sale of goods legislation - does not apply to such transactions.

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Definitions:

Visuospatial Memory

The ability to remember and recall information about the spatial relationships among objects and visual features in one's environment.

Basal Ganglia

A group of nuclei in the brain involved in movement regulation, decision making, and learning.

Parahippocampal Region

An area of the brain surrounding the hippocampus, involved in memory encoding and retrieval, as well as spatial memory and navigation.

Frontal Lobe Damage

Injury to the front part of the brain, which can affect mood, behavior, judgment, and motor function.