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Howie Enters into a Contract with Ida Over the Internet

Question 35

Multiple Choice

Howie enters into a contract with Ida over the Internet to buy soybeans as a hedge against falling prices in corn.Neither party prints out a hard copy.Under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) ,this contract can


A) be "denied legal effect" if it falls under the UCC's Statute of Frauds.
B) be "denied legal effect" unless a hard copy is printed.
C) be "denied legal effect" until it is executed.
D) not be "denied legal effect" because it is only in electronic form.

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