Exam 12: Agreement in Traditional and E-Contracts

Only the United States has created regulations for global Internet transactions.

Medical Billing Collection Corporation and Naturopath Clinic make a deal for Medical Billing's services via electronic records.Under the UETA,an e-record is considered received when

Signe offers to sell Thomas her textbook but conditions the sale on Thomas accepting the offer by March 1.Signe may revoke the offer

An "offer" to sell an item on an online auction site generally is treated an invitation to negotiate.

Liz offers to sell Max her iPad for $200.Max says,"Okay,but only if you include the case and other accessories." Max has

Terms in a shrink-wrap agreement have been enforced in the same way as the terms of other contracts.

No offer can be accepted by silence.

Orb,Inc.,does business online around the globe.The United Nations Convention on the Use of Electronic Communications in International Contracts and other international agreements improve global commercial certainty by

Kay and Leo enter into a contract that falls within the provisions of the UETA.Under the UETA,"an electronic sound,symbol,or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record" is

If an offer does not specify a time for acceptance,the offer terminates at the end of a reasonable time.

Isabel owns a house,which she advertises for sale for $300,000.On April 1,Jon-Pierre offers Isabel $280,000 for the house.On April 5,Isabel has delivered to Jon-Pierre at his office a form that includes additional terms but does not state a price.At 9 a.m.on April 6,Jon-Pierre signs the form and gives it to Karla,his administrative assistant,with instructions to mail it.At 10 a.m.,Isabel calls to tell Jon-Pierre that the deal is off.The next day,Karla mails the signed form to Isabel.When Isabel refuses to sell the house to Jon-Pierre,he files a suit against her,alleging breach of contract.Isabel claims that there was no contract.What are arguments supporting each party's position What is the court likely to rule Explain.

Shasta offers to sell a used hay baler to Roberto,but receives a letter of acceptance from Quito,who has no relation to Roberto.A valid contract exists between

In a live auction,a bidder is an offeree.

An important rule to keep in mind with e-contracts is that the offeree (the buyer)controls the acceptance and thus the resulting contract.

World Shipping Corporation enters into contracts with distributors and other buyers in e-commerce and in traditional commerce.The UETA applies,if at all,only to those transactions in which the parties agree to use

An e-contract must meet basic requirements that are different from those required of a paper contract.

A price list is a form of invitation to negotiate or trade.

Contracting parties cannot opt out of the terms of the UETA.

An advertisement is generally considered an offer.

Octavio receives a catalogue from Pastry Dough,Inc.,and a "personalized" letter inviting Octavio to buy any item at the advertised price.This is