E Contract Definition According To Law

E Contract Definition According To Law. Elements of an E contract in Contract Law. According to contract law, an agreement made between two or more people or business entities, in which there is a promise to do something in return for a gain or advantage, is legally binding.

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Although a general body of contract law exists, some aspects of it, such as A reasonable time is determined according to what a reasonable person would consider sufficient time. According to this section the definition of consideration is as follows:- "When, at the desire of the promisor, the promise or any other. Since the internet is no more secluded for E-contract is any kind of contract formed in the course of e-commerce by the interaction of two or.

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According to this section the definition of consideration is as follows:- "When, at the desire of the promisor, the promise or any other.

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To explore this concept, consider the following contract law definition. Law subjects are not easy subjects especially for new comers. Contracts are promises that the law will enforce.

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