BusLaw11.019 - E-CONTRACT ESSENTIALS An offer to form a...

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E-CONTRACT ESSENTIALS An offer to form a contract electronically should include: (1) a description of what action on the part of the offeree will constitute acceptance , (2) a provision specifying acceptable forms of payment , including applicable taxes and shipping costs, (3) the offeror’s return and refund policy (if applicable), (4) any disclaimers of liability the offeror wants included in the contract, (5) a clear statement of the offeree’s remedies (and limits thereon), and (6) a statement about the offeror’s handling of information provided by the offeree, or gathered by the offeror, before and after acceptance. Pre-Dispute Planning: The offeror may also want to include provisions dealing with governing law , choice of forum , and alternative dispute resolution . Ch. 19: E-Contracts and E-Signatures - No. 1 Clarkson et al.’s Business Law (11th ed.)
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SHRINK-WRAP AGREEMENTS Shrink-Wrap Agreement: An agreement whose terms are expressed inside the box containing the goods, such that a buyer cannot make herself fully aware of the terms of her purchase until after she has purchased/leased the goods and opened the box. Typically, shrink-wrap agreements indicate that the buyer/lessee/licensee must return the goods if she does not consent to be bound by the terms contained inside the box. Courts
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This note was uploaded on 05/05/2010 for the course BUSINESS 71356 taught by Professor Higgin during the Spring '09 term at Miss. College.

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BusLaw11.019 - E-CONTRACT ESSENTIALS An offer to form a...

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