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In: Economics

DQ #2 – Consumers & Online Contracts The use of the internet has created the ability...

DQ #2 – Consumers & Online Contracts

The use of the internet has created the ability for many businesses to extend offers to contract for services or products via email to large groups of people who may or may not have requested the offer. It is possible to enter into an e-contract without ever having met the offeror? Examples of contracts entered into online include a plethora of consumer products including: contracts to purchase prescriptions, insurance, credit cards, just to suggest a few. Factually, Consumers agree to the terms of the online contract in many cases without reading the specific terms or understanding the duties in the contract. (We all just check the box stating “…I accept...” Are said contracts unconscionable? Should they be enforceable?

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ONLINE CONTRACTS OF CONSUMERS

The digital age has created numerous new commercial opportunities. Common business transactions can be accomplished with the click of the button ,and agreements can be made and carried out entirely online. However the technological changes has revolutionized modern commerce also raise novel legal issues, particularly pertaining to the form and enforceability of contracts made and carried out electronically .

It is now a standard practice of e commerce to require customers to aid by published terms and conditions of use or terms of service to conduct transactions on a site or even sometimes to browse it. These document's are used what a website may or my not be used for ,and customers are permitted to use the website upon the condition that they follow the published terms of service. Websites also commonly uses notices and disclosure of documents required by consumer production regulations.

Yes, it is conscionable and it is enforceable.

The" field of ecommerce law" is relatively new. however , over time, courts and regulatory agencies have developed recommended best practices and guidelines for e commerce sites to ensure fair dealing In digital transactions. By following these guidelines or websites can help ensure that both the stakeholders and their consumers are properly protected during their dealings.

Rahul Sunny answered 2 hours ago
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