American Legal System Essays Examples

The growing popularity of the online business has brought up a significant impact on the contract law. In the past days, people used meet so that they can discuss on the term of the contract under subject. In this case, the parties involved had to agree on the same terms when they met. However, due to the emergency of internet, people do not necessarily need to meet in order to develop a contract. As a result, the internet had positively affected the contracts. In the recent years, people simply engage in agreements by a click of a mouse to agree on the transaction terms. Even the complex contracts that contain intellectual property are made easier by the online business.
Although the contracts will be made easy by the online business, the contract law will be negatively affected. The law should be adjusted to cover and govern the online agreements associated with online businesses. Online business is associated with the violation of the contract privacy, because the exposed client’s data falls into substantial risks. Therefore, the contract law should include provision that protect the privacy and ensure the security of online customers. For instance, the contract law will be required to provide obligations to alert the clients when their information has been stolen. The law should also change to accommodate legality of selling information of the parties involved in the contract.
Thus, the growing rate of the online business will make the contract more difficult to interpret because of the emerging business issues that are not covered in the contract law. The online business will change the scope of the contract, and this will make the contract law more complex. Without, further amendment of the contract law, the law might be ineffective in the future.