Electronic Transactions Law

The Electronic Transactions Law is legislation that establishes the legal framework for buying and selling goods or services online. It recognizes electronic signatures and documents as valid and enforceable, similar to traditional paper contracts. This law aims to facilitate secure and efficient online transactions, protect consumers, and promote confidence in electronic commerce. It provides guidelines for businesses and consumers on issues like consent, authenticity, and the rights of parties involved in electronic transactions, ensuring that digital dealings are treated with the same legal seriousness as face-to-face interactions.