Abstract
E-commerce has given a new dimension to the business practices that are no longer bound by any limitations of territorial boundaries and requirement of physical presence at the same place. E-commerce activities in the last 10 years have become a part of day-to-day lives of Internet users. Thanks to e-commerce that e-contracts have risen to ubiquity and Internet users entering into e-contracts are fast growing in number. Contracts have become so common in daily life that most of the time we do not even realize that we have entered into one. Right from hiring a taxi to buying airline tickets online, innumerable things in our daily lives are governed by contracts.
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