As discussed in the text,which of the following is true regarding electronic contracts and agency authority in Singapore?
A)Singapore passed a law providing that a principal must countersign any electronic transaction engaged in by an agent.
B)Singapore passed a law by which lack of awareness of a principal for an agent's acts is not recognized as a defense.
C)Singapore passed a law providing that each employer must post a list electronically of all its agents with authority to act on its behalf.
D)In Singapore because of the fear of fraud,agents are not allowed to engage in electronic transactions on behalf of principals.
E)Singapore relies on a type of law similar to U.S.common law in addressing agency authority in regard to electronic transactions.

Question

Quizplus · Accepted Answer

A)Under legislation passed in 1997,while the principal may indeed not have been aware of an agent's actions,Singapore does not recognize lack of awareness as a defense.
B)Under legislation passed in 1997,while the principal may indeed not have been aware of an agent's actions,Singapore does not recognize lack of awareness as a defense.
C)Under legislation passed in 1997,while the principal may indeed not have been aware of an agent's actions,Singapore does not recognize lack of awareness as a defense.
D)Under legislation passed in 1997,while the principal may indeed not have been aware of an agent's actions,Singapore does not recognize lack of awareness as a defense.
E)Under legislation passed in 1997,while the principal may indeed not have been aware of an agent's actions,Singapore does not recognize lack of awareness as a defense.

As Discussed in the Text,which of the Following Is True