Indicate whether each of the following statements is true or
Indicate whether each of the following statements is true or false by writing T or F in the answer column.
1. The Securities and Exchange Commission requires that prospective investors review all of a firm’s financial information prior to purchasing any stock in the company. 1. __________
2. Touting occurs when an investor who owns shares of a company’s stock posts notices online indicating that the value of the company’s stock will increase. 2. __________
3. The Federal Trade Commission is responsible for ensuring that advertising in the United States is truthful. 3. __________
4. A deceptive advertisement is one that contains a material misrepresentation, omission, or practice likely to mislead a consumer who acts reasonably under the circumstances 4. __________
5. The Federal Trade Commission does not have jurisdiction over advertisements that appear on web pages. 5. __________
6. Companies that provide websites that are forums for music to be shared without permission of the owners may be liable for copyright infringement. 6. __________
7. Most courts will acknowledge that by clicking the “I accept” button, the user has accepted the offer contained on the web page. 7. __________
8. Simply visiting a website can sometimes indicate an acceptance by the user of the terms contained on the site. 8. __________
9. Contracts of adhesion in cyberspace are valid unless they contain terms that are unreasonable. 9. __________
10. An electronic signature will not satisfy the Statute of Frauds. 10. __________
11. The Electronic Signatures in Global and National Commerce Act pertains only to cases in which the offeror and the offeree are from different countries. 11. __________
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