INTERNATIONAL ELECTRONIC CONTRACTING: OFFER AND ACCEPTANCE

Abstract

Internet offers us not only a new means of communicating or of diffusing information, but also a new electronic marketplace. The basic characteristics of this new market are that commercial transactions no longer take place using traditional methods, rather they are made electronically. Due to its transnational nature, Internet reaches an international audience, as neither distance nor geopolitical borders offer any obstacles to commercial relations over the Web. A contract can even be concluded by electronic means, as the parties can transmit their declarations of intention through the exchange of emails or by filling out a request form, depending on whether the website they are dealing with is interactive or not.