Issuses in cyberlaw_discussion_4.1
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California State University, Fullerton *
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Law
Date
Nov 24, 2024
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docx
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Uploaded by marttiatoo
Online contracts binding under the law can now be drawn up and executed digitally. E-
contracts, often known as online contracts, follow the same rules for legality as conventional
contracts. The contract's language should be clear enough for both parties to grasp its
provisions. Price, payment terms, and the delivery timeline should all be spelt out here
(Lindahl, 2020). E-contracts, or electronic contracts, are legally enforceable agreements
created and signed electronically, such as through email, a website, or a program specifically
developed to store and manage contracts. Digital signatures are required for an electronic
contract to be binding. Intent to enter into a contract is represented by letters, symbols, or
other signs; they are the building blocks of a digital signature. The Internet has completely
revolutionized human interaction and communication. In addition, the proliferation of online
and other electronic means of sharing information has dramatically impacted the business
world. As a result, a brand-new industry, e-commerce, has emerged. Electronic contracts have
arisen due to the meteoric rise of e-commerce (Lindahl, 2020).
The proliferation of online contracts and the importance of these contracts are both directly
attributable to the advent of the Internet and the growth of electronic commerce. All parties to
a contract can be located in different locations, but the entire process can be completed online
and still be legally binding (Wills, 2019). The financial benefits of a digital agreement are
plain to see. It is unnecessary to send or save multiple hard copies of the contract. Therefore,
workers have more time to contribute to the company's bottom line. The term "consideration"
is commonly used to refer to anything given in exchange for something else. Legal
enforceability of the contract is also required. It is against the law to promise or give
something away without receiving something in return (Wills, 2019). Payment could be made
in the form of money or products. A wagering contract or bet is a promise to fulfil an
obligation for no monetary consideration. The relevant part must also comply with all
applicable laws.
References
Lindahl H. (2020). Cyber law and our collective pursuit of constitutional order over space.
Global Legal Studies at the University of Indiana, 20(2), 697-730.
doi:10.2979/indjglolegstu.20.2.697
Wills. (2019). Effect on probate of will of valid contract made by testator to dispose of
property in different manner. Virginia law review, 13(8), 660-661.
doi:10.2307/1065466
Reply:
Online contracts involving complicated provisions or substantial monetary transactions
should be discussed with legal experts and reviewed by an attorney before being drafted or
entered into. It is also important to remember that contract rules may vary from jurisdiction to
jurisdiction. The contract should be straightforward to understand for both parties. It would
help if you didn't try to hurry them along by adding timeouts to the webpage; they should
have as much time as they need to read the conditions and consider them carefully before
agreeing. A legally binding contract is an agreement between two or more parties whereby
one party makes an offer or proposition, and the other party accepts the bid or proposal,
making the offer or recommendation a promise. The parties to a contract need not be
individuals but rather two businesses. There can't be a contract between two parties if they do
not intend to create a legal relationship through their agreement. For a contract to be valid,
the parties must have entered it planning to create a legal relationship.
Reply:
The foundation of any valid contract is an agreement that can be upheld in court if necessary.
It is the legal responsibility of all parties to a valid contract to fulfil its provisions. A deal is
the first step in any legal contracting process. Two or more parties who have mutual regard
for one another and make promises to one another might be said to have agreed. When the
person to whom the proposal was made indicates that they agree, we say the proposition has
been accepted. When something is decided upon, it becomes a promise. A paper-based, hand-
written contract is conceptually very similar to its electronic counterpart, and both types of
arrangements follow identical forms. If the parties to the agreement are conducting business
online, the seller must disclose to the buyer the nature of the goods being sold and the prices
and other terms under which they may be purchased. For a contract to be valid, all parties
must show that they intended to enter into a legal agreement and plan for its terms to be
binding.
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