Electronic contract

There are two broad categories of electronic contracts. First, those contracts that trade with physical goods or services. Second, those contracts that trade with electronic materials (software, images, e-delivered texts, etc). In addition to the basic commerce/contractual rules, each contract within any of these two categories may be subject to other set of specific regulatory policy. For instance, contracts on tobacco products, liquor, and firearms are subject to further and strict government regulations; and contracts on Internet telecommunication services and internet service providers may also be subject to domestic telecommunication laws and regulations. The following set of laws only refer to the basic contractual rules any electronic contract must follow to be binding on and enforceable by the parties.