Chapter 17 Flashcards
The sale, lease, or licensing of goods and services using the internet.
electronic commerce (e-commerce)
contract entered into by the parties use of email
email contract
contract entered into by the parties use of text messaging
text contract
contract that is entered into electronically.
electronic contract
A contract entered into by purchasing, leasing, or licensing goods, services, software, or other intellectual property from websites operated by sellers, lessors, and licensors.
web contract
A computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual.
electronic agent
A federal statute that (1) recognizes electronic contracts as meeting the writing requirement of the Statute of Frauds and (2) recognizes and gives electronic signatures— e-signatures—the same force and effect as handwritten, pen-inscribed signatures on paper.
Electronic Signatures in Global and National Commerce Act (E-SIGN Act)
A signature that is inscribed using an electronic means.
e-signature
A contract that transfers limited rights in intellectual property and information rights.
license
An owner of intellectual property or information rights who transfers rights in the property or information to the licensee
licensor
A party who is granted limited rights in or access to intellectual property or information rights owned by a licensor.
licensee
A license in which, for the specified duration of the license, the licensor will not grant to any other person rights to the same information.
exclusive license
A contract whereby the owner of a software or a digital application grants limited rights to the owner of a computer or digital device to use the software or digital application for a limited period and under specified conditions.
e-license
The owner of a software program or digital application that grants a license to someone to use the software program or digital application.
e-licensor
The owner of a computer or digital device to whom an electronic license (e-license) is granted to use another’s software program or digital application.
e-licensee