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How Technology Has Changed The Most Important Ones Essay

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The world is advancing in every type of aspect and a big part of this is to do with the way technology has been taken use of. In the field of Law, contracts are formed between individuals or groups, as of late, these contracts have been transmitted electronically between two parties. Of course however, there can be existing issues with the use of forming a contract by electronic means; this mainly has to do with misunderstanding or misinterpreting the information of the contract. Two of six elements to a contract have been deemed the most important ones, these are offer and acceptance. Offers can be personally aimed at someone or provided to the world at large, in contrast to this, an invitation to treat can be displayed to grab the attention of people for them to listen to an offer. A party is able to withdraw from a mistaken offer through a letter of Revocation that either offeror or offeree produce before a contract has been completed. Disputes are able to occur frequently as well, thankfully there are ways to fix these. The creation of contracts has been used quite thoroughly in the new day and age rather than forming a contract in person, this is quickly advancing the way the world is able to access these contracts.
A contract is a legally enforceable agreement between two parties. In order for there to be a contract between the two parties, all six of the elements must be included, these being offer, acceptance, consideration, intention to be legally bound, capacity to

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