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A clickwrap agreement, also known as a click through, shrink-wrap, or sign-in-wrap, is an online agreement in which the user signifies his or her acceptance by clicking a button or checking a box that states ?I agree.? The purpose of a clickwrap agreement is to digitally capture acceptance of a contract.
The user agrees to the license when they tear open the plastic wrap or the software. Most courts have found these agreements to be enforceable unless their terms are unconscionable or violate a generally accepted principle of contract law.
Shrink means Inventory which has been lost, misplaced, stolen, or is otherwise unaccounted for.
Shrinkwrap contracts or shrinkwrap licenses are boilerplate contracts packaged with products; use of the product is deemed acceptance of the contract. Web-wrap, click-wrap and browse-wrap are related terms which refer to license agreements in software which is downloaded or used over the internet.
The user agrees to the license when they tear open the plastic wrap or the software. Most courts have found these agreements to be enforceable unless their terms are unconscionable or violate a generally accepted principle of contract law.
Shrink-wrap | Business English thin transparent plastic that is tightly wrapped around goods in order to protect them from damage: The retailer is asking vendors to use less shrink-wrap for shipping. shrink-wrap. verb [ T ]