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LSDefine

Simple English definitions for legal terms

electronic transaction

Read a random definition: float

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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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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