Time and Place Of the formation of Eelctronic - Contract

Contract as a abstract nature, like any other existence, has time and place dimension. Determining the time and the place of contract conclusion has different consequences behind. The place of contract formation will determine upon the time it exist. There will be no problem in determining the time and the place of contact when a contract concludes in person, as the offeror and acceptor are present. The legal problems and issues pose when the parties to the contract are far both in place and time. Formation of contract in Electronic-Trade generally takes place between persons who are far apart in time and place. Therefore, time and place determination is important too. So in this writing it has been tried to examine the several ways of determining the time and the place of contract conclusion, and propose the best way for designation of time and place in formation of Electronic – contracts.