Which of the Following Statements Regarding Online Transactions Is False

question 75

Multiple Choice

Which of the following statements regarding online transactions is false?

• A) Clicking an "I Accept" button may constitute valid acceptance of the terms of an agreement.
• B) Reasonableness of terms can affect the enforceability of electronic contracts.
• C) It is unlikely that the courts will extend the postbox rule to apply to online transactions.
• D) Conducting transactions online negates the need to satisfy the normal requirements of a contract.
• E) Legislation has been passed in some jurisdictions to make electronic documents equivalent to written ones.

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Definitions:

Differential Analysis

The process of comparing the differences in cost and revenue between different business decisions or scenarios to help in decision making.

Differential Analysis

The process of comparing the costs and benefits of different business decisions or alternatives.

Markup Percentage

The percentage added to the cost of goods to cover overhead and profit, representing the difference between the cost of the product and its selling price.

Product Cost

The total of costs directly attributed to the production of a product, including materials, labor, and manufacturing overhead.