Session 12: E-Commerce and E-Contracts Flashcards by pubudu lakshan | Brainscape

Q

What is a Contract?

A

A fundemental concepts in law that governs agreements between two parties.
A legally binding agreement between two parties.

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Q

Key elements of a Contract?

A

Offer
Acceptance
Consideration
Intention to create a legal relationship
Capacity
Legality of purpose

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Q

What is E-Commerce?

A

Transfer of business data by use of electronic methods

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