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Simple English definitions for legal terms

electronic transaction

Read a random definition: de expensis militum levandis

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

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RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
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