What is a digital signature and how did the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) address one of the major challenges in using digital signatures?
What will be an ideal response?
In general, a digital signature is some electronic method that identifies an individual. The challenge is to make sure that someone who uses a digital signature is the person he or she claims to be. The E-SIGN Act provides that a digital signature can basically be verified in one of three ways:
1.
By something the signatory knows, such as a secret password or pet's name.
2.
By something a person has, such as a smart card, which looks like a credit card and stores personal information.
3.
By biometrics, which uses a device that digitally recognizes fingerprints or the retina or iris of the eye.
Business
You might also like to view...
A holder does not take an instrument for value if he or she gives a negotiable instrument as payment.
Answer the following statement true (T) or false (F)
The order of the steps in the SAP R/3 production planning process are:
a. Sales Forecasting, Demand Management, Purchasing, Sales and Operations Planning, MRP, Detailed scheduling, Production
b. Sales Forecasting, Demand Planning, Detailed scheduling, Purchasing, Demand Management, MRP, Production
c. Sales and Operations Planning, Sales Forecasting, MRP, Purchasing, Demand Management, Detailed scheduling, Production
d. Sales Forecasting, Sales and Operations Planning, Demand Management, MRP, Purchasing, Detailed scheduling, Production
Samuel's has 42,000 shares of stock outstanding with a par value of $1 per share and a market price per share of $41. The balance sheet shows $1,358,000 in the capital in excess of par account and $2,212,500 in the retained earnings account. The firm just announced a stock dividend of 50 percent. What is the value of the capital in excess of par account after the dividend?
A) $1,358,000
B) $612,500
C) $518,000
D) $497,000
E) $221,900
Answer the following statements true (T) or false (F)
1) The ethic of justice is solely based on one value, that of fairness.
2) According to Hosmer, ethics remain the same and do not differ among people, cultures, or countries, but morals and values do differ among people, cultures, or countries.
3) The Inter-conventional level is one of Kohlberg's stages of moral development.
4) Universal ethical principles orientation is situated in the post-conventional level of Kohlberg's stages of moral development.
5) Moral reasoning is a systematic approach to considering the implications of a moral issue.