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What is the significance of verifying a digital signature in international trade law on e-commerce?
  • a)
    It establishes the legal basis of a claim
  • b)
    It ensures data security in business transactions
  • c)
    It promotes domestic regulation in India
  • d)
    It confirms the authenticity of electronic records
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the significance of verifying a digital signature in internati...
In international trade law on e-commerce, verifying a digital signature is significant as it confirms the authenticity of electronic records. It ensures that the digital signature was created using the signer's private key and that the message has not been altered since it was signed. This adds trust and reliability to business transactions conducted online and establishes the integrity of electronic records.
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What is the significance of verifying a digital signature in international trade law on e-commerce?a)It establishes the legal basis of a claimb)It ensures data security in business transactionsc)It promotes domestic regulation in Indiad)It confirms the authenticity of electronic recordsCorrect answer is option 'D'. Can you explain this answer?
Question Description
What is the significance of verifying a digital signature in international trade law on e-commerce?a)It establishes the legal basis of a claimb)It ensures data security in business transactionsc)It promotes domestic regulation in Indiad)It confirms the authenticity of electronic recordsCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the significance of verifying a digital signature in international trade law on e-commerce?a)It establishes the legal basis of a claimb)It ensures data security in business transactionsc)It promotes domestic regulation in Indiad)It confirms the authenticity of electronic recordsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the significance of verifying a digital signature in international trade law on e-commerce?a)It establishes the legal basis of a claimb)It ensures data security in business transactionsc)It promotes domestic regulation in Indiad)It confirms the authenticity of electronic recordsCorrect answer is option 'D'. Can you explain this answer?.
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