Electronic Records and Legal Recognition Quiz

The Central Government must consider the nature of the transaction, the sophistication of the parties, the volume of similar transactions, available alternatives, the cost of alternatives, and general procedures in use.

A secure electronic record is defined as one where a security procedure has been applied at a specific point in time, remaining secure until verification.

The level of sophistication of the parties regarding their technological capacity influences the complexity and suitability of the security procedures.

<p>The cost of alternative procedures is important as it impacts the feasibility and choice of security measures for the parties involved.</p> Signup and view all the answers

<p>It means that once a security procedure is applied, the record is considered secure until it undergoes verification.</p> Signup and view all the answers

<p>Security procedures should be evaluated in the context of the prevailing commercial circumstances at the time they are employed.</p> Signup and view all the answers

<p>The volume of similar transactions engaged in by other parties helps gauge the commonality and effectiveness of security procedures in similar contexts.</p> Signup and view all the answers

<p>Rejection of alternatives indicates the preferences of parties in terms of the security measures they are willing to accept.</p> Signup and view all the answers

<p>An electronic record is considered secure if a security procedure has been applied to it at a specific point in time.</p> Signup and view all the answers

<p>The 'specific point of time' marks the start point when an electronic record is considered secure.</p> Signup and view all the answers

<p>Verification is a process used to ascertain that the security procedures employed at a specific point in time remain effective and that the record is still secure.</p> Signup and view all the answers

<p>The application of a security procedure at a specific point in time marks the transition of an electronic record from an ordinary record to a secure electronic record.</p> Signup and view all the answers

<p>An electronic record is deemed to be despatched when it enters a computer resource outside the control of the originator.</p> Signup and view all the answers

<p>The time of receipt is determined by when the record enters the designated computer resource of the addressee, if specified, or otherwise when it enters any computer resource of the addressee.</p> Signup and view all the answers

<p>It is deemed to be despatched at the originator's place of business and received at the addressee's place of business.</p> Signup and view all the answers

<p>For a body corporate, the 'usual place of residence' is the place where it is registered.</p> Signup and view all the answers

<p>A security procedure must be applied at a specific point in time for the electronic record to be deemed secure until verification.</p> Signup and view all the answers

<p>It must be unique to the subscriber, capable of identifying the subscriber, and created under the subscriber's exclusive control, ensuring any alteration invalidates it.</p> Signup and view all the answers

<p>The principal place of business shall be considered the place of business.</p> Signup and view all the answers

<p>The provisions regarding time of receipt still apply, regardless of the computer resource's physical location.</p> Signup and view all the answers

An electronic record that has undergone a security procedure at a specific point in time, making it secure until verification.

The set of actions taken to ensure the integrity and authenticity of an electronic record. It considers factors like the transaction type, parties involved, and existing industry standards.

The point in time a security procedure is applied to an electronic record, marking the start of its secure status.

The validation process confirming the integrity and authenticity of an electronic record. It verifies if the record remains unaltered and genuine.

The moment in time when a security procedure is first performed.

This means the electronic record is considered secure from the moment security measures are applied until it is verified.

The moment an electronic record enters a computer resource outside of the sender's control.

The moment an electronic record enters the intended recipient's designated computer resource.

The location where the sender has their main place of business.

The location where the recipient has their main place of business.