Electronic Contracts - Explained
What are the Rules applicable to electronic contracts?
Written by J. Mance Gordon
Updated at October 7th, 2022
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What are Electronic Contracts?
Electronic contracts are contract formed between individuals via electronic communications (such as email or via a website).
What are Terms of Agreement in Electronic Contracts?
As with traditional contracts, electronic contracts require a meeting of the minds. This must be expressed through an offer and acceptance between the parties. Collectively, the offer and acceptance make up the terms of agreement.
What are the Rules for Electronic Contracts under International Law?
The rules of contract in the international context are generally determined by mutually agreement between the parties. This can arise when the parties are members of an international organization that provides the rules of agreement for contracts between member nations or parties from member nations. Alternatively, the rules of contract law will be determined by direct agreement between the parties through international treaty.