Question: Statement 1 The ecommerce legislation has modernized contract formation rules to allow clicking an icon to satisfy the acceptance and communication requirements of contract formation.

Statement 1 The ecommerce legislation has modernized contract formation rules to allow clicking an icon to satisfy the acceptance and communication requirements of contract formation. Statement 2 The legislation also requires, before the consumer enter into an internet agreement, the supplier to disclose specific information about, among other things, the total price of the good or service, the terms of payment, and warranties. Statement 3 The internet contract is not formed until the retailer communicates acceptance with a confirmation number. From the choices below, please choose the correct answer.
a.
Statements 1 & 2 are true, and statement 3 is false.
b.
Statements 1 & 2 are false, and statement 3 is true.
c.
All statements are true.
d.
All statements are false.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!