Legal aspects of electronic contracts

In recent years, the letter E has gained great importance not only in the world of information and communication technologies (ICT), but also in the field of doing business, Internet research and all walks of life.The information and communication technology (ICT) revolution has changed not only our lives, but also the way people do business.The wide range of activities performed with the use of the new technologies has proven to outweigh the old fashioned way of doing same activities. Many people think that if they do business online or shop online, they do not need contracts. Contrary, the change of the technologies will lead to new business models,like E-commerce. One of such E-transactions includes Internet contract, which is electronic contract(E-contract). In fact, every day, people conclude binding contracts, formal or informal.Contracts are very important in any business, and we need to include them in everything we do. The question arises as to whether there is a difference between an electronic contract and a regular contract on the basis that the internet is no more than a basic means of communication.All rules applicable to contract law apply to electronic contracts. Electronic contracts are in principle the same as regular contracts. Through the electronic contract we are able to detail the specifics of prices, products, dates and other information, in the same way as in ordinary contracts. Still, there are many issues related to electronic contracts that need to be considered