Financial Services Corporation engages in an e-transaction with Greater Metro Bank over the Internet.The UETA
A)does not support the transaction,but does create new rules for it.
B)does not support the transaction or create new rules for it.
C)supports the transaction and creates new rules for it.
D)supports the transaction,but does not create new rules for it.

Question

Quizplus · Accepted Answer

The Uniform Electronic Transactions Act (UETA) supports electronic transactions by giving them the same legal validity as paper transactions, but it does not create new rules; it simply ensures that electronic transactions are legally recognized.

Financial Services Corporation Engages in an E-Transaction with Greater Metro