Chapter 19 - Chapter 19 E-Contracts and E-Signatures...

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Chapter 19 E-Contracts and E-Signatures TRUE/FALSE QUESTIONS A1. Most courts have applied traditional contract law principles to contracts  formed online. ANSWER: T PAGE: 370 TYPE: = NAT: AACSB Analytic AICPA Critical Thinking B1. A contract for a sale of software transfers ownership rights in the software to  the buyer. ANSWER: F PAGE: 370 TYPE: N NAT: AACSB Analytic AICPA Legal A2. A  contract for a sale of software does   not   transfer ownership rights in the  software to the buyer. ANSWER: T PAGE: 370 TYPE: N NAT: AACSB Analytic AICPA Legal B2. An online offer should include provisions relating to dispute settlement. ANSWER: T PAGE: 372 TYPE: N NAT: AACSB Reflective AICPA Legal
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A3. A click-on agreement is an agreement whose terms are expressed inside a box  in which the goods are packaged. ANSWER: F PAGE: 373 TYPE: = NAT: AACSB Technology AICPA Legal B3. A click-on agreement is normally  not  enforced. ANSWER: F PAGE: 373 TYPE: = NAT: AACSB Analytic AICPA Legal A4. A forum-selection clause indicates the place for the resolution of a dispute  arising under a contract. ANSWER: T PAGE: 373 TYPE: N NAT: AACSB Reflective AICPA Legal B4. The terms of a contract must have been read to be enforceable. ANSWER: F PAGE: 373 TYPE: = NAT: AACSB Analytic AICPA Legal A5. The terms in a  click-on  agreement may be enforced if the parties expressly  agreed to them. ANSWER: T PAGE: 373 TYPE: + NAT: AACSB Reflective AICPA Legal B5. Terms in a shrink-wrap agreement are normally  not  enforced. ANSWER: F PAGE: 375 TYPE: = NAT: AACSB Analytic AICPA Legal A6. A shrink-wrap agreement may  not  be enforced if its terms are objectionable  on grounds that apply to contracts in general. ANSWER: T PAGE: 375 TYPE: +
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NAT: AACSB Reflective AICPA Legal
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B6. Terms in a shrink-wrap agreement are  always  enforced. ANSWER: F PAGE: 376 TYPE: = NAT: AACSB Analytic AICPA Legal A7. An electronic symbol, adopted by a person with the intent to sign an e-record,  is an e-signature. ANSWER: T PAGE: 376 TYPE: N NAT: AACSB Analytic AICPA Legal B7. Browse-wrap terms are arguably not enforceable. ANSWER: T PAGE: 376 TYPE: = NAT: AACSB Analytic AICPA Legal A8. State e-signature laws are uniform. ANSWER: F PAGE: 377 TYPE: = NAT: AACSB Analytic AICPA Legal B8. Under the Electronic Signatures in Global and National Commerce (E-SIGN)  Act, a signature may be denied legal effect solely because it is in electronic  form. ANSWER: F PAGE: 377 TYPE: = NAT: AACSB Analytic AICPA Legal A9. Under federal law, an electronic signature is as valid as a signature on paper,  without exceptions. ANSWER:
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