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10 September, 21:03

A significant impediment to e-commerce has been the questionable enforceability of contracts entered into through electronic means, such as the Internet or e-mail, because of the writing requirements under contract and sales law.

True / False.

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  1. 10 September, 21:33
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    Answer: True

    Explanation: In simple words, E commerce refers to the sets of those digital mediums by using which an individual or an organisation can operate their business.

    Online shopping websites, online stock exchange sites and online payment and money transfer apps are some of the many examples of which the E-commerce has been used.

    E - commerce has evidenced drastic increase over the years but still it cannot be used for large contracts that involves millions of funds. Projects related to infrastructure or heavy investments requires a number of legal activities to be performed which cannot be done electronically. Therefore, these obligations are an hindrance in E commerce.
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