Multiple Choice
What is the legal significance of a confirmation letter in a contract covered by the Uniform Computer Information Transactions Act?
A) It eliminates the authentication requirement for contracts involving less than $5,000.
B) It eliminates the authentication requirement for all contracts involving $5,000 or more.
C) It eliminates the authentication requirement for contracts involving $5,000 or more if both parties are merchants.
D) It requires that a confirmation letter be sent in addition to the authentication requirements in all contracts involving $5,000 or more.
Correct Answer:
Verified
Correct Answer:
Verified
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