Quiz on Contracting in Cyberspace

What percentage of the population had internet access in 2023?

• 75.1%

• 90.0%

• 96.4%

• 85.2%

What does e-commerce contribute to the GDP according to the text?

• 30.0%

• 10.0%

• 23.5%

• 15.5%

What is the postal rule regarding acceptance of an offer?

• Acceptance occurs when it is received by the offeror.

• Acceptance must be communicated in person.

• Acceptance is valid only if confirmed by a third party.

• Acceptance occurs when it is posted.

In e-contracts, which mode of communication is considered instantaneous?

• Postal mail

• E-mail

• Fax

• Courier

What is the significance of the Argos case (1999)?

• It established that advertisements are binding offers.

• It confirmed that technical errors in advertisements do not create binding contracts.

• It ruled that all online advertisements are offers.

• It determined that acceptance must be in writing.

What does Section 6 of the Electronic Commerce Act 2006 state?

• E-messages are not legally recognized.

• E-messages must be signed physically.

• E-messages have legal effect and validity.

• E-messages can only be used for government transactions.

According to the text, when is an e-message deemed sent?

• When it is acknowledged by the recipient.

• When it is received by the addressee.

• When it is printed.

• When it is clicked 'send'.

What is the primary concern regarding the Contracts Act 1950?

• It is too lenient on contract enforcement.

• It does not adequately address e-commerce transactions.

• It is outdated for traditional contracts.

• It requires all contracts to be in writing.

What does the term 'ITT' stand for in contract law?

• Intention to Treat

• Invitation to Treat

• Intent to Transact

• Informed to Transact

What is the effect of Section 9 of the Electronic Commerce Act 2006?

• It recognizes electronic signatures.

• It requires all contracts to be notarized.

• It mandates physical signatures for validity.

• It eliminates the need for signatures in all contracts.