Wednesday, November 6, 2019

Which of the following is true regarding the Uniform Electronic Transactions Act?

Which of the following is true regarding the Uniform Electronic Transactions Act? 
A. It eliminates all effects of the mailbox rule.
B. It provides that offers may not be accepted electronically but otherwise retains aspects of the mailbox rule.
C. It provides that acceptances may not be made electronically but otherwise retains aspects of the mailbox rule.
D. It seems to create an electronic version of the mailbox rule.
E. None of the above because there is no such act.
Trudy signs a contract with ABC Book Club without reading it. The contract provides that new books will be sent to her eBook reader every month unless she sends notification rejecting the receipt of new books. Which of the following is true regarding whether the contract is binding?
The contract is binding.

Which of the following is true regarding acceptable means of acceptance if no means of communicating an acceptance is specified in an offer?
If no means of communicating the acceptance is specified, any reasonable means is generally acceptable.

Which of the following was the result in Alexander v. Lafayette Crime Stoppers Inc., the case in the text in which the plaintiffs sued for collection of reward money offered to catch a serial killer by the defending publications, and the publications defended on the basis that the plaintiffs failed to provide notice as required by the reward offers because the plaintiffs provided relevant information to law enforcement, not the defendants?
That defendants did not receive acceptance of the reward offer and that, therefore, no contract was formed.

If the subject matter of an offer becomes illegal, what is the result?
The offer immediately terminates.

Which doctrine may courts use to estop, or prevent, an offeror from revoking an offer based on a party's taking steps in reasonable reliance on an offer?
Promissory estoppel

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