Which of the following is true of the Uniform Computer Information Transactions Act?
A) It establishes the rules for operation of franchises in the United States of America.
B) It does not become law until a state adopts it as a statute.
C) It solely deals with the formation of electronic contracts, not licenses.
D) It addresses most of the legal issues that are encountered while starting an entrepreneurial venture.

Question

Quizplus · Accepted Answer

The Uniform Computer Information Transactions Act (UCITA) does not become law until a state adopts it as a statute. It is not a federal law and only applies to states that have adopted it. The other options are incorrect as the UCITA does not establish rules for franchises, deals with both electronic contracts and licenses, and does not address all legal issues encountered while starting an entrepreneurial venture.

Which of the Following Is True of the Uniform Computer