E-Contracts
E-Contracts, or electronic contracts, are agreements created and signed digitally, often using the internet. They serve the same purpose as traditional paper contracts but offer the convenience of being accessible from anywhere. E-Contracts can be used for various transactions, including online purchases, service agreements, and employment contracts.
These contracts typically include essential elements like terms, conditions, and signatures, which can be captured through electronic means. Many countries recognize the legality of E-Contracts, provided they meet specific criteria, such as the consent of all parties involved. This makes them a popular choice for businesses and individuals alike.