Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

electronic transaction

Read a random definition: common external tariff

A quick definition of electronic transaction:

Electronic transaction: An electronic transaction is when people use computers or other electronic devices to buy or sell things or exchange information. They send messages to each other without needing to talk to a person face-to-face. This type of transaction does not require someone to check the messages before they become a contract.

A more thorough explanation:

An electronic transaction is a type of transaction that is conducted through electronic messages. In this type of transaction, the messages of one or both parties involved are not reviewed by an individual as an expected step in forming a contract.

  • Online shopping: When you buy something online, you enter your payment information and shipping address through electronic messages. The seller then sends you a confirmation message, and the transaction is complete.
  • Bank transfers: When you transfer money from one bank account to another, you do it through electronic messages. The banks involved in the transaction exchange messages to complete the transfer.
  • Electronic signatures: When you sign a document electronically, you are using an electronic transaction. The document is sent through electronic messages, and your signature is added electronically.

These examples illustrate how electronic transactions are conducted through electronic messages. The messages are exchanged between the parties involved, and there is no need for an individual to review them as part of the contract formation process.

Electronic Signatures in Global and National Commerce Act | eleemosynae

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
LSD+ is ad-free, with DMs, discounts, case briefs & more.