Asked by
Jackie Araujo
on Nov 10, 2024
Verified
Which of the following statements regarding online transactions is false?
A) Conducting transactions online negates the need to satisfy the normal requirements of a contract.
B) It is unlikely that the courts will extend the postbox rule to apply to online transactions.
C) Legislation has been passed in some jurisdictions to make electronic documents equivalent to written ones.
D) Reasonableness of terms can affect the enforceability of electronic contracts.
E) Clicking an "I Accept" button may constitute valid acceptance of the terms of an agreement.
Online Transactions
Financial exchanges or the buying and selling of goods and services conducted over the internet.
Postbox Rule
A principle that a mailed acceptance is effective when and where it is dropped into a mailbox.
- Acquire knowledge on how electronic communications impact contract law and determine the enforceability of electronic agreements.
Verified Answer
RM
Learning Objectives
- Acquire knowledge on how electronic communications impact contract law and determine the enforceability of electronic agreements.
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