CMA Foundation · Fundamentals of Business Laws and Business Communication · E-Contracts and E-Signature - Meanings and Requirements
Which of the following communications in contract formation is expressly covered by Section 10A of the IT Act, 2000 when made in electronic form?
Revocation of a proposal is covered. Section 10A names the communication of proposals, acceptances, and the revocation of proposals and acceptances as matters that may be expressed electronically without the contract being unenforceable solely for that reason.
- ARevocation of a proposalCorrect
- BRegistration of a sale deed of immovable property
- CPayment of stamp duty to the State
- DAppointment of a judge to decide the dispute
Explanation
Section 10A lists communication of proposals, acceptance of proposals, and revocation of proposals and acceptances. Revocation of a proposal is therefore covered. The other options are not mentioned in the section.
Did you get it right without looking?
One question tells you little. A timed set on E-Contracts and E-Signature - Meanings and Requirements shows your real accuracy, how long you take and where you lose marks.
More E-Contracts and E-Signature - Meanings and Requirements questions
- Under the Information Technology Act, 2000, when is an electronic signature deemed to be a secure electronic signature?
- Rahul, a subscriber, publishes his Digital Signature Certificate in a repository. Under the Information Technology Act, 2000, which statemen…
- Under Section 21 of the IT Act, 2000, a licence to issue electronic signature Certificates is:
- Under Section 10A of the Information Technology Act, 2000, a contract whose proposal and acceptance are both communicated by electronic reco…
- Rohan revokes his online offer to Sunita through an electronic record before she accepts. Sunita argues the revocation is ineffective solely…
- Rohan runs an online store. A customer, Kavita, clicks the 'I Agree' button on the displayed terms and then places an order for a laptop. Wh…