With Respect to the Online Contracts, Which of the Following

question 26

Multiple Choice

With respect to the online contracts, which of the following statements is true?

• A) The legal status of online contracts is determined by common law.
• B) The Uniform Electronic Commerce Act (UECA) clearly states that a contract is formed when the communication of an acceptance through instantaneous communication is sent.
• C) Online contracts do not require all the essential elements of a contract such as consensus, capacity, and legality.
• D) The Uniform Electronic Commerce Act (UECA) clearly states that an invitation to treat in all cases qualifies as an offer.
• E) The Uniform Electronic Commerce Act (UECA) clearly states that an offer may be made and accepted electronically.

---

Definitions:

General Environment

The general environment encompasses the broad external conditions that can impact an organization, such as economic, legal, technological, and sociocultural factors, influencing its strategies and performance.

Technological Conditions

The state of available technology and its influence on a company's operations, capabilities, and industry environment.

Competition

A situation in which two or more parties strive for a goal that cannot be shared, such as a market that cannot support everyone.

General Environment

The broad external conditions that affect organizations and industries, including economic, legal, technological, and cultural factors.