Asked by Botle Jacqueline on Jun 27, 2024
Verified
With respect to the online contracts, which of the following statements is true?
A) The Uniform Electronic Commerce Act (UEC.A clearly states that an invitation to treat in all cases qualifies as an offer.
B) The Uniform Electronic Commerce Act (UEC.A clearly states that an offer may be made and accepted electronically.
C) The Uniform Electronic Commerce Act (UEC.A clearly states that a contract is formed when the communication of an acceptance through instantaneous communication is sent.
D) Online contracts do not require all the essential elements of a contract such as consensus, capacity, and legality.
E) The legal status of online contracts is determined by common law.
Uniform Electronic Commerce Act
Legislation designed to facilitate and govern electronic transactions by ensuring that contracts entered electronically are legally binding.
Online Contracts
Legally binding agreements created and signed in a digital format, often involving transactions or services facilitated over the internet.
Instantaneous Communication
The exchange of information that occurs immediately without noticeable delay.
- Familiarize oneself with the specifics of enforcing contract law in the realm of online transactions and electronic contracts.
Verified Answer
EE
Emiliano ElizondoJul 04, 2024
Final Answer :
B
Explanation :
The Uniform Electronic Commerce Act (UECA) facilitates the legal recognition of electronic transactions, including the making and accepting of offers electronically, thus ensuring that electronic contracts are treated similarly to traditional paper-based contracts.
Learning Objectives
- Familiarize oneself with the specifics of enforcing contract law in the realm of online transactions and electronic contracts.