Electronic contracts

Electronic contracts, or e-contracts, are digital agreements created and signed online. They serve the same purpose as traditional contracts but are executed electronically, often using emails, websites, or specific software. E-contracts can include terms of service, purchase agreements, or employment contracts. They are legally binding when both parties agree to the terms, usually indicated by an electronic signature or consent. The use of e-contracts offers convenience, speed, and efficiency, making it easier for individuals and businesses to enter into agreements without the need for physical paperwork.