Which of the following statements is true about e-signatures?
A) Laws governing e-signatures are uniform throughout the country.
B) E-signatures are not binding for contracts involving bank loans and brokerage accounts.
C) The Electronic Signatures in Global and National Commerce Act (E-SIGN) specifies that a digital signature requires password authentication.
D) The E-SIGN law makes e-signatures binding and allows consumers and businesses to sign contracts online.
D
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Which of the following are synonymous?
a. Take-out loan/ secondary financing b. Construction loan/ take-out loan c. Interim loan/ construction loan d. Obligatory advances/ installment loan
Which of the following actions will increase the Common Stock account?
A) cash dividend B) stock split C) stock dividend declared and distributed D) purchase of treasury stock