commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.
What types of payments are considered eCommerce payments? Payments that are initiated through an online web browser via a specific retail website, browser-based payments from a tablet or smartphone, and smartphone payments that are initiated through a mobile app are all examples of eCommerce transactions.
A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
Contracts entered through the exchange of e-mails, shrink-wrap contracts, clickwrap contracts, etc. are some of examples of electronic contracts. Electronic contracts are governed by various laws like the Indian Contract Act, 1872, Information Technology Act, 2000, and Indian Evidence Act, 1872.
A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which are discussed in more detail below.
contracts are defined as an agreement which is made electronically instead of physical meetings between the parties involved in the process of the transaction. contract forms a significant part of ecommerce.
Sign a contract online yourself. Click the review link and choose to sign digitally. Select signature source and select name. Sign in and apply your digital signature. Preview signature. Authenticate the signature. Send your signed document.