Sunday 24 March 2013

Reasonable modes of acceptance in an ecommerce transaction are:

Indian Laws for Ecommerce Transactions

eCommerce-Transaction-LawisgreekThe validity of electronic transactions is established under the IT Act. The act establishes that an ecommerce transaction is legal if the offer and acceptance are made through a ‘reasonable’ mode. For instance, a communication sent by an offeror to an offeree through indirect means, such as an email that passes multiple servers and spam mails, is not regarded as a reasonable mode under the IT act. 
Reasonable modes of acceptance in an ecommerce transaction are:
  • Direct mail from the offeree to the offeror.
  • Acceptance by conduct, which is pressing an ‘Accept’ button to an offer.
Additionally, the IT act governs the revocation of an ecommerce offer and acceptance. An ecommerce transaction is said to be complete when the offeror receives acknowledgment of the receipt of the offer. Besides, an offeror has the liberty to terminate an offer, provided its acceptance has not been communicated by the offeree.
Print Page

No comments:

Post a Comment