E-CONTRACT is an electronic form of contract, where two or more parties comes into a contract with a electronic medium.

2. E-CONTRACT is an electronic form of
contract, where two or more parties comes
into a contract with a electronic medium. E-
CONTRACT are brought about by
globalisation. It makes transaction faster
and convenient. Just like traditional paper
contracts, E-CONTRACTS are legal and
enforceable.

3. TWO TYPES OF E-CONTRACT
 E-Contracts can be categorized into two types i.e.
 1.web-wrap agreements and
 2.shrink-wrap agreements.
1. Web-wrap agreements are basically web based
agreements which requires assent of the party by way
of clicking the “I agree” or “I accept” button e.g. E-
bay user agreement, Citibank terms and conditions,
etc.
2. Shrink-wrap agreements are those which are
accepted by a user when a software is installed from a
CD-ROM e.g. Nokia pc-suite software

4. BENIFTS OF E-CONTRACT TO
SOCIETY
 Its provide ease to consumer
 Reducing time-to-contract
 It is efficient way of entering into contract
 It saves paper
 It save travel & transportation expense

5. environment
 E- contract saves the environment
 E- Contract reduce the use of paper. Which leads to
decline in the number of tree cutting. Less use of
paper leads to less cutting of trees.
 E- CONTRACT leads to decline the global warming.
 E-contract helps in saves the natural resources.
 E- contract leads to add electronic factor to the
environment

6. Laws related to E-CONTRACT in
India
 Indian contract act, 1872
 information technology act, 2000

7. CONCLUSION
 E-CONTRACT are brought by gloablisation. . It makes
transaction faster and convenient. Just like traditional
paper contracts, E-CONTRACTS are legal and
enforceable. E-contract is advanced from the
traditional contract . E-CONTRACT is done in
electronic form and the traditional contract is
done in paper form. . E-contracting can protect
contractual partners in electronic environments,
reduce time-to-contract and reduce process costs