Question

how E-contract works in United States?

This is for business law! 250 words MAXIMUM

Answer 1

E contracts, or electronic contracts, are a type of online contract. The interaction between the parties in forming the contract can be achieved through many different electronic means: e-mail, through a computer program, or through two electronic agents programmed to recognize contract formation.

The Uniform Computer Information Transactions Act contains rules relating to the formation, governance and basic terms of an e-contract. The principles and remedies relating to contract law apply to e-contracts. E-contracts with e-signatures are legal and enforceable much like the conventional paper contracts.

Electronic signatures are different from digital signatures. "Digital signature" is the term used when the cryptographic signatures are found. "Electronic signature" is the term used to refer to a paperless method of supplying online signatures.

The science of the securing of information is cryptography. Cryptographers work with systems that scramble and then unscramble the information. These experts use Public Key Infrastructure (PKI) as their online contract signing tool, because it is the most secure and efficient.

Before a customer gives consent to the creation of an electronic contract, a business must warn the customer that paper contracts are available and that customers may withdraw that consent even though they consent to e-documents and e-signatures, and request a paper agreement to be sent to them. Consumers are not required by the corporations to accept electronic papers. However, it may be considered unreasonable that people who choose paper because of a personal preference or the inability to use technology require a company to charge them an extra fee for a paper contract.