BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Traditional contract
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E-contract
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Detailed explanation-1: -Clickwrap agreements are a form of agreement used for software licensing, websites, and other electronic media. When the user logs in to a website the terms and conditions or the privacy policies of the website are to be accepted by the user as legal consent.
Detailed explanation-2: -Examples of E-Contracts A contract that you write on your computer and email to a business associate, and that the business associate emails back with an electronic signature indicating acceptance. A contract using an encrypted form and digital signatures, such as something completed with DocuSign or Adobe Sign.
Detailed explanation-3: -Some examples of transactions that would require the user’s assent to a clickwrap agreement are: Downloading or installing software. Purchasing an airline ticket or online music. Registering an account on a social media website.
Detailed explanation-4: -Three common kinds of electronic contract are browse wrap, shrink wrap and click wrap contracts.