Question 1

Fred's Paper Shop frequently buys paper from Online Office Supplies,Inc.Online Office Supplies and Fred's Paper Shop decide to enter into a partnering agreement.One of the advantages of entering into a partnering agreement is that

Accepted Answer

One of the advantages of entering into a partnering agreement is that it reduces the likelihood of disputes arising under their contract.

Question 2

Beta Software Company and Gamma Sales Corporation agree to follow a certain security procedure in transacting their business online.Beta fails to follow the procedure,however.Due to this failure,Beta does not detect an error in the deal,which will have a negative impact on Gamma's interest in the deal.Can Gamma avoid the effect of this error? How?

Accepted Answer

The answer of Beta Software Company and Gamma Sales Corporation...

Question 3

High-Tech Services,Inc.,and Internet Investments Corporation enter into a con?tract that would otherwise be subject to the UETA but purports to "opt out." The UETA covers

Accepted Answer

The UETA (Uniform Electronic Transactions Act) applies to electronic records and signatures in transactions. However, parties can choose to "opt out" of the UETA, meaning it would not apply to their contract at all.

Question 4

Lively Toys Store and Movin' Products Company (MPC) enter into an e-contract under which MPC agrees to ship a case of electronic,remote-controlled bugs to Lively Toys,which agrees to pay on delivery.The Uniform Electronics Transactions Act (UETA)

Accepted Answer

The Uniform Electronics Transactions Act (UETA) supports the enforcement of electronic contracts, including this e-contract between Lively Toys and MPC.

Question 5

Research Products,Inc.,and Scientific Tools Corporation enter into a con?tract online in a state that has enacted a modified version of the UETA in which a procedure for the use of e-signatures is different from that provided in the E-SIGN Act.The alternative procedure is effective if it is

Accepted Answer

The correct answer is A because the modified version of the UETA must be consistent with the E-SIGN Act in order to be effective. If it is inconsistent or significantly different from the E-SIGN Act, then it may not be valid or enforceable. However, if it is sufficiently distinctive from the E-SIGN Act but still consistent with the basic requirements of electronic signatures and records, then it may still be valid under state law.

Question 6

On behalf of Bay Oyster Company,Celia types her name at the bottom of an e-mail purchase order and submits the order to Deepwater Parts Company.Under the UETA,qualifying Celia's name as her "signature" is

Accepted Answer

Attribution is the act of linking or associating an electronic record or signature with a particular person, in this case, Celia typing her name at the bottom of the e-mail purchase order. This qualifies as a signature under the UETA. Cybernotarization, acceptance, and agreement do not accurately describe the act of typing a name at the bottom of an e-mail as a signature.

Question 7

Order Processing Corporation and Pinpoint Data,Inc.,enter into a con?tract online in a state that has enacted an unmodified version of the UETA.With regard to the E-SIGN Act

Accepted Answer

The E-SIGN Act does not preempt an unmodified version of the UETA, meaning both laws can apply in the state where the contract was formed.

Question 8

Consumer Payments Processing Corporation (CPPC) and Mall Kiosk Company make a deal for CPPC's services,via e-records.Under the UETA,an e-record is considered received when

Accepted Answer

According to the UETA, an e-record is considered received when it enters the recipient's processing system in a readable form. This means that the recipient has the ability to access and read the record, even if they have not yet acknowledged receipt of it. Simply being aware that the record has been sent or leaving the sender's control are not sufficient for the e-record to be considered received.

Question 9

National Shipping Corporation and Office Software Company (OSC) make a deal for OSCs products,communicating entirely online.Under the UETA,an electronic record is considered sent

Accepted Answer

According to the UETA, an electronic record is considered sent when it leaves the sender's control or comes into the recipient's control. Therefore, either of these events marks the point at which the record is considered sent.

Question 10

Dipsy Products,Inc.,and Dangly Sales Corporation transact a deal over the Internet.Their contract does not mention the UETA.The UETA covers

Accepted Answer

The UETA covers the validity, enforceability, and effect of electronic records and signatures in transactions involving interstate or foreign commerce. Since the deal between Dipsy Products, Inc. and Dangly Sales Corporation was transacted over the internet, the entire contract is covered by the UETA, even though it was not explicitly mentioned in the contract.

Question 11

Creative Solutions Corporation (CSC) sells business application software-accounting and book?keeping programs,blank business forms,inventory control functions,and so on-in different combinations,in different packages,at different prices,downloadable online.To complete a deal,a purchaser clicks on a button that,with reference to certain terms,states,"I agree." What is this sort of agreement called? Do the parties have a binding,enforceable contract that includes the terms? Explain.

Accepted Answer

The answer of Creative Solutions Corporation (CSC) sells business application...

Question 12

Michelle gives out a business card with an e-mail address on it.It is reasonable to infer that Michelle has consented to

Accepted Answer

The answer of Michelle gives out a business card with...

Quiz 17: E-Contracts