Nevada Shrink-Wrap License Agreement
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FAQ
Shrink-wrap agreements present several significant information security risks: Lack of warranties relating to viruses and other harmful code or, if such warranties are present, the vendor has little or no liability.
Shrink means Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted for.
Shrinkwrap contracts or shrinkwrap licenses are boilerplate contracts packaged with products; use of the product is deemed acceptance of the contract. Web-wrap, click-wrap and browse-wrap are related terms which refer to license agreements in software which is downloaded or used over the internet.
"Shrinkwrap licenses are enforceable unless their terms are objectionable on grounds applicable to contracts in general (for example, if they violate a rule of positive law, or if they are un- conscionable).
In a shrink-wrap agreement, the contract terms are not read until the buyer un-wraps the software; but in click-wrap agreement the consumer knows the contractual terms before he/she commits herself to buy goods or services.
wrap agreement is a nonnegotiable, preprinted agreement that is wrapped in cellophane and included in a box that contains a software program.
