Importance of Clickwrap Enforceability in Contract Management

Clickwrap agreements enable multiple/bulk agreements to be electronically executed
instantly,enabling true automation of the Contract Lifecycle processes. It is a much
simpler form of electronic acceptance and execution which helps companies seamlessly
handle high-velocity agreements with no manual intervention.Counterparties can simply
choose “I Agree” or “I Accept” to provide their acceptance/consent with a detailed audit
trail being captured for legal validity. Clickwrap agreements have become an essential
part of online businesses.

The Whitepaper discusses the

governing aspects of laws that support clickwrap agreements,

principles of contract formation for online,

strategies and processes to ensure a binding, enforceability of the agreements that have to be taken into consideration in an online environment.

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