Technology Today Has Become A Vital Component Of The Society

This paper is about E-Business / E-Commerce E-Trust, E-Security, & E-Privacy. The main topics that will be discussed are mainly from the consumers standpoint, but also a little from the E-Business and E-Commerce standpoint as well. The scope of this paper does not include details on how to establish security nor address privacy concerns.

i. Virtually instantaneous  general rule should apply (ie. contract is formed when the offeree’s acceptance is received by the offeror; per Lord Wilberforce in Brinkibon)4;

Contracts are an important part of everyday life. They are an essential part of business. As a student of a business law class, I will discuss in this paper several aspects of contracts. This paper will give a definition of a contract and the essential elements necessary to form a valid contract. It will briefly discuss breach of contract and the difference between a material breach and a nonmaterial breach of contract. Examples of legal and equitable remedies available for breach of contracts will be highlighted. Also, legal excuses for nonperformance or other grounds for discharge of contracts will be addressed. Finally, three types of common contracts personally and professionally encountered will be mentioned.

Today’s society is more affected by technology than it ever has been and it is changing every second of every day. Advancements in technology have been changing our culture and society for hundreds of years; from hunters and gatherers to information overload to a future of the most advanced technologies we could imagine. These fast advancements in technology quickly change our society. This statement was greatly expanded upon by three people: Gerhard Lenski, Leslie White, and Alvin Toffler

The applicability and validity of electronic signatures governed by UECA in Canadian case law will be demonstrated through Girouard v. Druet. In this case, Ms. Druet had offered her condominium for sale on Kijiji. She had named a price and conditions for Mr. Girouard in an email, and he countered with a lower price. Ms. Druet accepted the counteroffer, but later sent an email saying that she had decided not to sell at the agreed to price. Mr. Girouard asserted that she could not back out for they had a binding contract. One of the issues that the Court considered was whether the alleged agreement was invalid as failing to comply with the Statue of Frauds, which provides that no contract for the sale of land is enforceable unless the agreement

The contract is agreement between two parties they find they have some to exchange; the power and commitment between two parties enforcement by the court, The contract have many legal details to be discussed by lawyer or expert. The contract administration, focus on the requirement for the services the company have to get when they sign a contract for new service or to get new products. In field like software consultant it is very complicated and different detailed need to focus on contract to be discussed before to sign any paper. The orientation, communication form and conference can be helpful to create good and detailed contract, all this method help the offeror and offeree to

However, the following are the vital steps contained in each contract. Also, without them the contract would not be considered valid. First, an offer entails a statement by one party who is willing to make a contract under certain conditions keeping in mind that it shall be accepted. Second, acceptance gives a picture of the agreement to the terms offered. According to Rogers (2012), acceptance is considered valid when, (1) it is made by an individual to whom the offer was directed, (2) it is unequivocal, and (3) it is communicated to the offeror. Third, consideration encompasses the terms of the contracts between the parties. Therefore,

P2 EXPLAIN THE LAW IN RELATION TO THE FORMATION OF A CONTRACT IN A GIVEN SITUATION

A contract comes into existence with the initiation of an offer made by one party, which in turn should be ‘accepted’ by the other party. The element of offer and acceptance thus initiate the legal process of the formation of a valid and binding contract. The significance of acceptance with respect to the contract laws stems from the fact that the proposed offer must be accepted by the promisee and forthwith be communicated to the promisor. Together offer and acceptance create a promise which can

Section 9 discusses the attribution and effect of electronic record and electronic signatures (a) An electronic record or electronic signature is attributable to a person if it was the act of the person. The act of the person may be shown in any manner, including a showing of the efficacy of any security procedure applied to determine the person to which the electronic record or electronic signature was attributable. (b) The effect of an electronic record or electronic signature attributed to a person under subsection (a) is determined from the context and surrounding circumstances at the time of its creation, execution, or adoption, including the parties' agreement, if any, and otherwise as provided by law.

There is a basic tenet of the contract law for a binding contract. The contract has a requirement of “meeting of the minds” and “a manifestation of mutual assent”. The contracts over the Internet do not change the principles of contracts. The necessity of a valid contract has to have a mutual assent or a mutual agreement. In addition, the Restatement of Contracts states the other party reaches the mutual

Both web contracts and customary contracts must be dealt with similarly, on the grounds that a definitive result that achieves the client is the "item" either obtained through online or through direct showcasing. Subsequently, the web contracts must be dealt with similarly as conventional contracts with the simple reasonable dialect of terms and conditions.

In the paragraphs that follow I will address the issues such as evaluation of the contracts and decide if they will be governed under the common law rules or the Uniform Commercial Codes (UCC). The paper will also analyze the essential elements of an

Procedure: The source will undergo training on the use of electronic signature and is expected to comply with an agreement of participation that identifies the rules that should be used in this policy of documentation practice. When opening the document, the authorized staff must verify the exactness of the content provided by the documents before signing the electronic signature. In the event at which the electronic signature is in use, the e-signature, credentials, authors name, date and time are displayed. Once the signature has been appended to the document, there are no further changes that can be made. Anyone who uses the electronic signature inappropriately or illegally is administered to disciplinary action, policy prosecution or criminal offense (Downing, 2017).

Contracts are part of business law. It is an essential part of business law because it offers a base for businesses to expand and develop within the business/economic society. The 6 main components that form a contract are; offer, acceptance, consideration, intention to be legally bound, capacity to contract and legality of the promises. If one in six of these elements were missing a contract would not exist; it is necessary to include all required aspects into the contract as it is used as evidence. In this essay, the element of acceptance will be discussed immensely with evidence of cases and legislations to weather acceptance is a definite and unqualified assent to an offer, on all of its terms and if any acceptance given conditionally will not result in a legally binding agreement.