Question 1

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 e-contracts, including the contract between Lively Toys and MPC. Therefore, the contract is valid and enforceable.

Question 2

Nero and Oona negotiate a contract.Nero prints out a hard copy to review before both parties sign the electronic form of the contract.Neither party signs the hard copy.Under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act),the signatures can

Accepted Answer

The E-SIGN Act recognizes electronic signatures as valid and legally binding. The fact that the signatures were not signed on the hard copy does not affect their validity. Therefore, the signatures cannot be denied effect because they are in electronic form.

Question 3

Michelle gives out a business card with an e-mail address on it.According to the comments that accompany the UETA,it may be reasonable to infer that Michelle has consented to

Accepted Answer

Michelle has provided an email address for business purposes, indicating her willingness to transact business electronically.

Question 4

Dino and Elle engage in a transaction that involves e-documents.The E-SIGN Act applies if those documents include

Accepted Answer

The answer of Dino and Elle engage in a transaction...

Question 5

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

The answer of Consumer Payments Processing Corporation (CPPC)and Mall Kiosk...

Question 6

Myra owns a house,which she advertises for sale for $200,000.On May 1,Nicole offers Myra $180,000 for the house.On May 5,Myra delivers to Nicole a form that includes additional terms but does not state a price.At 9 a.m.on May 6,Nicole signs the form and gives it to Odell,her administrative assistant,with instructions to mail it.At 10 a.m.,Myra calls to tell Nicole that the deal is off.The next day,Odell mails the signed form to Myra.When Myra refuses to sell the house,Nicole files a suit against her,alleging breach of contract.Myra claims that there was no contract.What are arguments supporting each party's position What is the court likely to rule Explain.

Accepted Answer

The answer of Myra owns a house,which she advertises for...

Question 7

Order Processing Corporation and Pinpoint Data,Inc.,enter into a contract 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 and the UETA are complementary acts, and both can apply in states that have enacted versions of the UETA. The E-SIGN Act does not preempt the UETA, meaning that both acts can apply in such states.

Question 8

Beyond-the-Sea Corporation and Homeport Company make a deal for Homeport's products,via e-records.Under the UETA,an e-record is considered sent when it

Accepted Answer

According to the UETA, an electronic record is considered sent when it leaves the sender's control. Therefore, option D is the correct answer. Options A, B, and C are not accurate as they do not align with the UETA definition of when an electronic record is considered sent.

Question 9

On May 1,Brand Name Industries,Inc.(BNI),sent Carol a letter,via overnight delivery,offering to employ her to audit BNI's financial statements for the current year for $10,000.In the letter,BNI stated that Carol had ten days to accept.On May 5,Carol sent BNI a fax that stated,"The price for the audit seems too low.Would you consider paying $12,000" BNI received the fax.The next day,Dan offered to conduct the audit for $8,000.On learning of Dan's offer,Carol immediately e-mailed BNI,agreeing to do the work for $10,000.BNI received this e-mail on May 7.Explain why BNI and Carol do,or do not,have a contract.

Accepted Answer

The answer of On May 1,Brand Name Industries,Inc.(BNI),sent Carol a...

Question 10

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 tying a person's name to a particular electronic record, thereby qualifying it as their "signature" under the UETA. This is the most applicable option in this scenario as Celia types her name at the bottom of an e-mail purchase order. Cybernotarization and acceptance are not relevant terms in this context. Agreement refers to the mutual understanding and consent of parties to the terms of a contract, which is not explicitly mentioned in this scenario.

Question 11

Jaime and Kip,consumers,transact a deal over the Internet.Their contract does not mention the UETA.The UETA covers

Accepted Answer

The UETA (Uniform Electronic Transactions Act) applies to the entire contract, regardless of whether it involves computer data or not. Therefore, the fact that the contract does not mention UETA is irrelevant, as it still governs the transaction under the law.

Quiz 10: Agreement in Traditional and E-Contracts

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)

Nero and Oona negotiate a contract.Nero prints out a hard copy to review before both parties sign the electronic form of the contract.Neither party signs the hard copy.Under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) ,the signatures can