18:44
thats so embarrising
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Simple English definitions for legal terms
web-wrap agreement
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A quick definition of web-wrap agreement:
A web-wrap agreement, also known as a point-and-click agreement or click-wrap license, is an electronic agreement that a computer user accepts by clicking on a specific location on the screen. This type of agreement may only require express acceptance once, but may also include a clause that requires ongoing acceptance of any changes to the agreement's terms. It is similar to a shrink-wrap license, but is displayed electronically instead of physically.
A more thorough explanation:
A web-wrap agreement is a type of electronic contract that a user agrees to by clicking on a button or link on a website. It is also known as a point-and-click agreement or click-wrap agreement.
For example, when you download software from a website, you may be asked to agree to the terms and conditions of the software's use by clicking on a button that says "I Agree." By clicking on this button, you are entering into a web-wrap agreement with the software company.
Web-wrap agreements usually require express acceptance only once, but they may include a clause that requires ongoing acceptance of any changes to the agreement's terms, even if the user is not notified of the changes.
Overall, a web-wrap agreement is a way for companies to protect their intellectual property and ensure that users are aware of the terms and conditions of using their products or services.