THE LEGAL SYSTEM OF ELECTRONIC CONTRACTS
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Abstract
The global evolution towards economic and trade globalization has impacted all aspects of life, including the use of electronic technologies in transactions. This is achieved through the electronic transfer and exchange of information, without resorting to the real or material world. This has been exploited as a tool for expressing will, concluding contracts, and conducting various business transactions among individuals located in distant places. It has not been limited to that but has extended to the execution of these operations. This new pattern of contracting and commerce has later been termed as electronic contracts or e-commerce, playing a significant role in driving the global economy.
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References
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