electronic contracts
Online binding deals
Electronic contracts are legally binding agreements created, signed, or stored in digital form rather than on paper.
They range from click-through agreements on websites to formal contracts with digital signatures.
The term emphasizes the medium of execution: The company switched to electronic contracts to speed up the hiring process.
Also called e-contracts.
- real estate transactionsSales of land or buildings
- paperless officeFully electronic document environment
- legally bindingEnforceable under the law
- encryption algorithmsMethods for securing data
- enforceabilityCapacity for legal compulsion
licensing deals · jurisdiction · loan agreements · audit trails · biometric verification · partnership agreements · consumer protection laws · digital rights management · timestamping · data breaches · digital signatures · terms of service · online checkout · fine print
electronic contractshandshake deals
Informal contracts without paperwork
oral agreements · verbal contracts · gentleman's agreements · oral contracts
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