An e-contract must have additional consideration to be as valid as a paper contract.

Name: An e-contract must have additional consideration to be as valid as a paper contract.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An e-contract is just as valid as a paper contract and does not require additional consideration to be considered legally binding. However, there are certain requirements for an e-contract to be considered valid, such as both parties agreeing to the terms and conditions and using a reliable electronic signature method.

An E-Contract Must Have Additional Consideration to Be as Valid