A Survey on the Position of Electronic Contracts and the Circumstances for Ratifications

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Abstract

The Electronic Business Act approved in 2003, recognized the virtual business (electronic) at the national level in Islamic Republic of Iran for the first time. Contracts are of the most important subjects in Business Act. So, we are to face with new methods of contracts called electronic contracts.
Faced with this practice, we pose the question: Is it possible to ratify an electronic contract in the same way as a non-electronic and traditional contract?
These two classes of contracts do not have a basic difference from the respect of effects, sentences, and natures; however, they have significant distinctions from the respect of formation method and ratification.

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