Legal Regulation of Electronic Contracts a Study in India, United States and European Union

Abstract

This paper clarify the requirement of uniform rules governing electronic contract formation unswervingly affects the lack of use of this type of contract. In particular is exposed as Community law does not address the issue of execution of the contract, in a precise way. Which implies that the internal rules of transposition give different solutions? Each progression makes a few records which depict the norm of the procedure at a state of time. An Electronic Contract is one of these archives. In spite of the fact that business-to-business exchanges have an imperative impact in web based business showcase, a share of web based business incomes in created nations is produced from business to buyer exchanges. Web based business gives numerous advantages to the purchasers in type of accessibility of products at lower cost, more extensive decision and spares time. This paper tries to discover an answer for the specialized viewpoint and also for the legitimate part of this exchange. On one hand it will demonstrate the issues that turn up when e-Contracts might satisfy the necessities of today's agreement law and give a few thoughts how contract law ought to be advanced. Then again it will talk about the components that must be incorporated into a specialized answer for Secure Electronic Contracts.