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Monday, February 18, 2013

E-Contracts

In todays society everyone is relying on the internet. The e-contracts atomic number 18 easier and would be slight expensive than face to face. This way creates less paper and less signing forms in person. E-contracts send word dress the amount of traveling; make the quality of agreements better and demoralise the damage that is caused by unanswered problems. Long term rival will be easier to do the transactions. It will reduce the conviction of doing contracts, the relationship with both partners will increase and the legal and the pecuniary risks will be reduced. (Xu & Vriezw, nd).
There be electric potential pitfalls in the electronic contracting. The stored data can be destruct or editd. Since the technology keeps getting better or more than knowledgeable, these datas can be gone be just a click of the mouse. At times just about businesses will erase their data on a schedule basis. Some businesses will also destroy or erase the contracts in case at that place could be a lawsuit, so in that respectfore there would be no evidence for proof. (Nissenbaum, 2008). They can get rid of the evidence pretty quickly if there is a lawsuit in progress and again there is no evidence.
There are some contracts such as from cell phone companies, some credit card companies and overseas telegram providers. The can post these changes to their websites and that will cover them.

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In notification to their websites, this makes it cost effective for the company. The contract has to be amendable to change. These changes that are modified should give the option to the consumer to accept or span without any penalties. The company is making the changes, so therefore should be able to give the consumer the choice. (Casady, 2009).
There is another pitfall with e-contracting and that is stealing ones signature or other personal information. This would be considered indistinguishability theft. Documents that are in e-contracting can be interrupted in the process of sending. This could create a problem for the consumer. (Find Law, 2009). Once the...If you requisite to get a full essay, order it on our website: Orderessay



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