Howe enters into a contract with Ida over the Internet to buy soybeans as a hedge against falling prices in corn. Neither party prints out a hard copy. Under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) , this contract can
A) be denied legal effect if it falls under the UCC's Statute of Frauds.
B) be denied legal effect unless a hard copy is printed.
C) be denied legal effect until it is executed.
D) not be denied legal effect because it is only in electronic form.
Correct Answer:
Verified
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