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CMA Foundation · Fundamentals of Business Laws and Business Communication · E-Contracts and E-Signature - Meanings and Requirements

Which of the following is a function of the Controller under Section 18 of the Information Technology Act, 2000 relating to the bodies that issue electronic signature Certificates used in e-contracts?

The Controller's functions under Section 18 include exercising supervision over the activities of the Certifying Authorities. The Controller also lays down standards and duties for them. The Controller does not draft e-contract terms, fix prices of goods or act as an agent for contracting parties.

  1. AExercising supervision over the activities of the Certifying AuthoritiesCorrect
  2. BDrafting the terms of every e-contract between buyers and sellers
  3. CDeciding the price of goods sold through online contracts
  4. DActing as the agent of the parties to an e-contract

Explanation

Section 18(a) lists exercising supervision over the activities of the Certifying Authorities as a function of the Controller. The Controller does not draft contract terms, fix prices or act as a party's agent; none of these appears in the list of functions.

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