B only if osc takes reasonable steps to return any

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Unformatted text preview: eps to return any benefit or consideration received. Feedback: C) under any circumstances. D) under no circumstances. Points Earned: 1.0/1.0 Correct Answer(s): B 9. First Financial Corporation and Great Applications, Inc., enter into a contract that falls under the UETA. The UETA covers contracts that are also covered by A) laws governing wills and trusts only. B) the Uniform Commercial Code only. C) the Uniform Commercial Information Transactions Act only. D) none of these. Feedback: Points Earned: 1.0/1.0 Correct Answer(s): D 10. Delta Company and Epsilon, Inc., engage in e-commerce without expressly opting in or out of the UETA. The UETA covers A) none of the contract. B) only the part of the contract that does not involve e-commerce. C) only the part of the contract that involves e-signatures. D) the entire contract. Feedback: Points Earned: 1.0/1.0 Correct Answer(s): D 1. A shrink-wrap agreement is normally not enforced. A) True B) False Feedback: Courts usually do enforce shrink-wrap agreements. The reasoning is that the shrink-wrap terms constitute an offer, proposed by a seller and accepted by a buyer after the buyer had an opportunity to review the terms. Points Earned: 0.0/1.0 Correct Answer(s): False 2. A click-on agreement is normally enforced. A) True B) False Points Earned: 0.0/1.0 Correct Answer(s): True 3. State e-signature laws are not uniform. A) True B) False Points Earned: 1.0/1.0 Correct Answer(s): True 4. Under federal law, a signature may be denied legal effect simply because it is in electronic form. A) True B) False Feedback: Under the Electronic Signatures in Global and National Commerce (E-SIGN) Act, which Congress passed in 2000, no contract, record, or signature can be denied legal effect simply because it is in an electronic form (although some documents are specifically excluded). Points Earned: 1.0/1.0 Correct Answer(s): False 5. The Uniform Electronic Transactions Act (UETA) is a federal law. A) True B) False Feedback: The UETA, l...
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