ICC Guide for E-ContractingE-commerce has led to various challenges and opportunities through new technologies. The proliferation of new technologies is radically shaping business practices, including the increased entrance into and execution of contracts through electronic means. This is called e-contracting. The ICC has offered ‘e-Terms 2004’ as guideline for validly executing e-contracts.
The following questions have been addressed in this article:How can contracting parties signify their intention to agree to ICC e-Terms 2004?
How can the parties make the ICC e-Terms 2004 legally valid?
What measures should be taken by the parties to protect confidentiality in e-contracting?
How should the contracting parties address the matters of technical breakdown and risk management?