Traditional Culture Encyclopedia - Traditional virtues - What is electronic contract understanding?
What is electronic contract understanding?
An electronic contract is an agreement between two or more parties to conclude, change and terminate the civil rights and obligations of property in electronic form through an electronic information network. It is a contract concluded in electronic form, and the rights and obligations of both parties are clearly defined through data messages, emails and other forms.
legal ground
Article 469 of the Civil Code of People's Republic of China (PRC)
The parties may conclude a contract in writing, orally or in other forms. Written form refers to contracts, letters, telegrams, telexes, faxes and other forms that can tangibly express the contents contained. A data message that can tangibly express its content through electronic data interchange, e-mail, etc. , and can be retrieved at any time, are considered in writing.
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