Which of the following is true of UCITA?
A)It establishes the rules for operation of franchises in the U.S.A.
B)It does not become law until a state adopts it as a statute.
C)It solely deals with the formation of electronic contracts, not licenses.
D)It addresses most of the legal issues that are encountered while starting an entrepreneurial venture.

Question

Quizplus · Accepted Answer

UCITA (Uniform Computer Information Transactions Act) is a model law that does not become law until a state adopts it as a statute. It governs the formation and enforcement of contracts related to computer software, digital content, and other intellectual property. It does not deal with franchise operations or address all the legal issues related to starting an entrepreneurial venture.

Which of the Following Is True of UCITA