A website that allows people to buy and sell physical goods, services, and digital products over the internet rather than at a brick-and-mortar location. Through an e-commerce website, a business can process orders, accept payments, manage shipping and logistics, and provide customer service.
commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.
Types of agreements under Indian Contract Act, 1872 Valid agreement. Section 11 of the Indian Contract Act, 1872. Void agreement. Section 24 of the Indian Contract Act, 1872. Wagering Agreements. Contingent Agreement. Voidable agreement. Express and implied agreements. Illegal Agreements.
Business-to-Business (B2B) Business-to-Consumer (B2C) Consumer-to-Consumer (C2C) Consumer-to-Business (C2B)
ECommerce agreements disclose the contractual relationship and obligations between a website owner and its commercial users.
contracts are defined as an agreement which is made electronically instead of physical meetings between the parties involved in the process of the transaction. contract forms a significant part of ecommerce.
Examples of commercial contracts For example, your business entered a software license agreement with the vendors of all the software you use in your organization. Other examples of commercial contracts include: Joint venture agreement. Shareholders agreement.
Basic Commercial Contract Principles Generally, contracts should be in writing, signed and dated by both parties. There may be other formalities, such as witnesses, notarization, etc., required by the laws of a particular jurisdiction to create a binding contract.
contracts are defined as an agreement which is made electronically instead of physical meetings between the parties involved in the process of the transaction. contract forms a significant part of ecommerce.