The Indian Contract Act of 1872 plays a crucial role in determining the validity of ___ in India.

E-contracts

True or False: E-contracts are invalid under Indian law.

False. E-contracts are valid under Indian law as long as they meet the prerequisites of a valid contract.

E-contracts differ from traditional contracts primarily because they are executed through ___ systems.

Software

Fill in the blank: Common issues that arise with e-contracts include capacity to contract, free consent, applicable law, and ___ jurisdiction.

Court

What are the three key legislations that govern e-contracts in India?

The Indian Contract Act of 1872, the Information Technology Act of 2000, and the Indian Evidence Act of 1872.

True or False: The Information Technology Act of 2000 is primarily responsible for the recognition of electronic contracts in India.

True

Fill in the blank: E-contracts can be formed through various online agreements, including browse-wrap, shrink-wrap, and ___ agreements.

Click-wrap

What challenges do lawmakers face in relation to e-contracts as technology evolves?

Lawmakers face the challenge of keeping pace with evolving technologies and addressing emerging issues.

An e-contract is formed through ___ means between two or more parties.

Electronic

True or False: E-contracts require intermediaries for the exchange of goods and services.

False. E-contracts allow sellers to reach consumers directly without intermediaries.

E-contracts are commonly associated with ___ or ___.

E-commerce or e-business

What principle is crucial in e-contracts to protect against misrepresentation?

Uberrimae fidei

Fill in the blank: Legal capacity in e-contracts is generally assumed according to the ___ Act.

Information Technology

True or False: Both parties in an e-contract can later claim the contract is unenforceable due to lack of competence.

False. Once the contract is concluded, both parties are presumed competent and cannot later claim incompetence.

E-contracts allow for direct interaction between sellers and ___ without intermediaries.

Consumers

What is the implication of the principle of Uberrimae fidei in the context of e-contracts?

It emphasizes the importance of honesty and disclosure in transactions where one party relies on the information provided by another.

Click-wrap agreements require users to ___ before accessing a service or product.

Accept terms by clicking an 'I Agree' button.

True or False: In a shrink-wrap agreement, a buyer accepts the contract by keeping the package sealed.

False. A buyer accepts the terms by opening the package.

Browse-wrap contracts imply acceptance of terms through ___ of a website.

Usage

What is a key characteristic of click-wrap agreements?

Users explicitly agree to terms by clicking a button, indicating acceptance before proceeding.

Fill in the blank: Shrink-wrap agreements are commonly associated with ___ purchases.

Software

True or False: In browse-wrap contracts, users must actively click to accept terms.

False. Acceptance is implied through the use of the website, not by clicking.

What must users do in a type-and-click click-wrap agreement to demonstrate acceptance?

Type a specific phrase, such as 'I accept', and then click a button.

Fill in the blank: The acceptance of shrink-wrap agreements is indicated by ___ the package.

Opening

What is the primary method of acceptance in browse-wrap contracts?

Users accept the terms by utilizing the website, such as by making a purchase.