Multiple Choice
The Uniform Electronics Transactions Act was promulgated in 1999. Which of the following is not correct in regard to the UETA?
A) It applies only to transactions between parties each of which has agreed to conduct transactions by electronic means.
B) It protects electronic signatures and contracts from being denied enforcement because of the statute of frauds.
C) It requires all transactions between banks to be electronic.
D) It gives full effect to electronic contracts and develops a uniform legal framework for their implementation.
Correct Answer:
Verified
Correct Answer:
Verified
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