Which of the following statements is true about the statute of frauds and e-commerce?
A) Statutes that addressed electronic transactions have been around for years.
B) The Uniform Electronic Transactions Act was enacted as law in 2000.
C) The Uniform Electronic Transactions Act was adopted as law in only half of all states.
D) The Uniform Electronic Transactions Act adopts the requirements of the statute of frauds regarding the validity of online transactions.
E) The Uniform Electronic Transactions Act reflects the decision that particular electronic transactions may constitute a "written copy" and therefore have legal significance.

Question

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The Answer of Which of the following statements is true about the statute of frauds and e-commerce?
A) Statutes that addressed electronic transactions have been around for years.
B) The Uniform Electronic Transactions Act was enacted as law in 2000.
C) The Uniform Electronic Transactions Act was adopted as law in only half of all states.
D) The Uniform Electronic Transactions Act adopts the requirements of the statute of frauds regarding the validity of online transactions.
E) The Uniform Electronic Transactions Act reflects the decision that particular electronic transactions may constitute a "written copy" and therefore have legal significance.

Which of the Following Statements Is True About the Statute