Description
Assignment 1 -
Chapter 13: Past Consideration
1. Read the case Access Organics v HernandezLinks to an external site.
2. Watch theyoutube video on past considerationLinks to an external site.in contracts
3. Carefully EXPLAIN in your own words (do not copy from the case) each of the statements in the following and then explain who won and why: Past Consideration Case Problem.1.pdf Download Past Consideration Case Problem.1.pdf
Remember to use your own words; REPEAT AND NUMBER THE ORIGINAL STATEMENT FOLLOWED BY YOUR EXPLANATION OF IT and remember to answer the last question, who won and why. The WHY here is very important! 20 Points will be automatically deducted for not following instructions. Assignment will be assessed on how well you explain each statement and respond to the last question.
Assignment 2 -
For this discussion, please answer the following: (1) What is the current state of technology for protecting online transactions? (2) How can a party be assured that the negotiation and transmission of a contract online is secure? (3) How can the performance of a contract be monitored online? (4) Are there any other protection or monitoring strategies you can suggest?
Here is an article to consider in your discussionsLinks to an external site.
(You can also do your own research)
Number and repeat the questions asked followed by your responses. For full credit thoughtfully COMMENT on at least one classmate's POSTING. Enjoy your class discussions.

Explanation & Answer

Attached.
1. What is the current state of technology for protecting online transactions?
Various techniques to improve online transaction security were developed, including the
one to protect user authentication and data integrity verification (Wei et al., 2020). All server-touser data transmission is protected by encryption protocols such as the Secure Socket Layer
(SSL) and Transport Layer Security (TLS) so that users remain protected against unauthorized
intercepts. With MFA, security is better than standard because users must authenticate using
more than one method of verification, such as passwords and OTPs in tandem with biometrics
(Kibaya, 2023). Financial data is tokenized so that users remain secure because they do not send
accurate data; instead, users get new identifiers when making a transaction. Blockchain
technology ensures the immutable transaction ledger in a decentralized fashion, so all internet
transactions become transparent and trustworthy.
2. How can a party be assured that the negotiation and transmission of a contract
online is secure?
Multiple critical practices contribute to securit...
