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Test: Legal Aspects of E-Commerce - 2 - B Com MCQ


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10 Questions MCQ Test - Test: Legal Aspects of E-Commerce - 2

Test: Legal Aspects of E-Commerce - 2 for B Com 2024 is part of B Com preparation. The Test: Legal Aspects of E-Commerce - 2 questions and answers have been prepared according to the B Com exam syllabus.The Test: Legal Aspects of E-Commerce - 2 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Legal Aspects of E-Commerce - 2 below.
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Test: Legal Aspects of E-Commerce - 2 - Question 1
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What is the main interest of the addressee when it comes to electronic records?

Detailed Solution for Test: Legal Aspects of E-Commerce - 2 - Question 1
The main interest of the addressee when it comes to electronic records is the authenticity and reliability of the data. They want to ensure that the data has not been altered or tampered with and that it remains consistent with its source records. This is important for establishing the legal basis of a claim.
Test: Legal Aspects of E-Commerce - 2 - Question 2
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Which chapter of the IT Act is entitled 'DIGITAL AND ELECTRONIC SIGNATURE'?

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The chapter of the IT Act that is entitled 'DIGITAL AND ELECTRONIC SIGNATURE' is Chapter 2. This chapter outlines the provisions and requirements for authentication of electronic records using digital signatures and other electronic authentication techniques.
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Test: Legal Aspects of E-Commerce - 2 - Question 3
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What is a private key used for in the context of electronic signatures?

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In the context of electronic signatures, a private key is used to create a digital signature. The private key is a unique key that belongs to the signer and is used to encrypt the message digest, which is a digital representation of the message. This encrypted message digest, along with the original message, forms the digital signature.
Test: Legal Aspects of E-Commerce - 2 - Question 4
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What is a hash function used for in the context of digital signatures?
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In the context of digital signatures, a hash function is used to verify the integrity of the message. It computes a unique hash result or fingerprint of the original message, which is then compared with the hash result received along with the digital signature. If they match, it means that the message has not been altered. If they don't match, it indicates that the message has been tampered with.
Test: Legal Aspects of E-Commerce - 2 - Question 5
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What is the purpose of verifying a digital signature?
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The purpose of verifying a digital signature is to confirm the authenticity of the message. By using the sender's public key and computing the hash result of the message, the recipient can check if the digital signature was created using the corresponding private key. This ensures that the message was not altered since it was signed and adds a layer of trust and reliability to the electronic record.
Test: Legal Aspects of E-Commerce - 2 - Question 6
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According to the UNCITRAL Model Law on Electronic Signatures, what is the definition of an electronic signature?
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According to the UNCITRAL Model Law on Electronic Signatures, an electronic signature is defined as data in electronic form that is affixed to a data message and used to identify the signer of the data message. It serves the purpose of confirming the originator of the data message and their approval of its content.
Test: Legal Aspects of E-Commerce - 2 - Question 7
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What is the role of a digital signature in the context of electronic records?
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The role of a digital signature in the context of electronic records is to verify the integrity of the message. It is created by encrypting the message digest using the sender's private key. The recipient can then use the sender's public key to decrypt the digital signature and compare the hash result with the original message's hash result. If they match, it means that the message has not been altered since it was signed.
Test: Legal Aspects of E-Commerce - 2 - Question 8
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What is the purpose of the Model Law on e-commerce suggested by the United Nations commission on International Trade Law?
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The purpose of the Model Law on e-commerce suggested by the United Nations commission on International Trade Law is to establish principles for electronic signatures. It focuses on identifying the originator of a data message and confirming their approval of the content. This helps in ensuring the authenticity and reliability of electronic records in the context of e-commerce.
Test: Legal Aspects of E-Commerce - 2 - Question 9
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What is the difference between an electronic signature and a digital signature according to the UNCITRAL draft rules?
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According to the UNCITRAL draft rules, the main difference between an electronic signature and a digital signature is that an electronic signature is unique to the signer, while a digital signature uses asymmetric cryptosystems. An electronic signature is created and verified through security procedures that ensure its uniqueness, while a digital signature is created by transforming a data message using a hash function and encrypting the result with an asymmetric cryptosystem.
Test: Legal Aspects of E-Commerce - 2 - Question 10
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What is the significance of verifying a digital signature in international trade law on e-commerce?
Detailed Solution for Test: Legal Aspects of E-Commerce - 2 - Question 10
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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