Contract Law – Digital Contracts, Unfair Terms
Digital contracts are contracts that are created through electronic means of negotiation between two parties. They are sometimes referred to as cyber contracts, digital contracts, and online contracts. The Uberrimae fidei doctrine forms the foundation of e-contracts. "Utmost good faith" is what the Latin phrase "Uberrima fides" implies. Due to the parties' constant communication, there is very little possibility of misinformation or the concealment of important information in e-contracts . As a result, both parties rely entirely on one another for all information. That being said, there are a few requirements that must be met to finish the electronic contract. E-Contract Categories By using the website, the contracting party is supposed to be bound by a browsing wrap agreement. Websites typically employ these contracts, whereby a user's continuous usage of the website is understood to constitute acceptance of the site's updated terms of use and other rul...