Which of the following statements regarding online transactions is false?
A) Clicking an "I Accept" button may constitute valid acceptance of the terms of an agreement.
B) Reasonableness of terms can affect the enforceability of electronic contracts.
C) It is unlikely that the courts will extend the postbox rule to apply to online transactions.
D) Conducting transactions online negates the need to satisfy the normal requirements of a contract.
E) Legislation has been passed in some jurisdictions to make electronic documents equivalent to written ones.

Question

Quizplus · Accepted Answer

Conducting transactions online does not negate the need to satisfy the normal requirements of a contract, such as offer, acceptance, consideration, and intention to create legal relations. Online transactions are subject to the same laws and principles as traditional transactions.

Which of the Following Statements Regarding Online Transactions Is False