{"id":285,"date":"2019-08-05T12:48:55","date_gmt":"2019-08-05T12:48:55","guid":{"rendered":""},"modified":"2019-08-07T11:12:47","modified_gmt":"2019-08-07T11:12:47","slug":"contract-law-digital-economy-0921","status":"publish","type":"post","link":"https:\/\/www.lawteacher.net\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php","title":{"rendered":"Is Contract Law Suitable for the Digital Economy?"},"content":{"rendered":"<p><strong>A 2,000 word article which examines whether contract law is suitable for the digital economy and whether change are needed to protect and inform consumers.<\/strong><\/p>\n<ul>\n<li><strong>Digital economy with contract law &#8211; Safe or no\uff1f <\/strong><\/li>\n<\/ul>\n<p>The technology exists everywhere in everyone daily life. As the world goes increasingly; online, digital technology is widely used and brings about fundamental changes in the overall economic environment and economic activities. The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.&nbsp; <\/p>\n<p>The protection of e-ecommerce<br \/>\nconsumer rights and interests has encountered new difficulties. This is difficult<br \/>\nto obtain effective relief after the legitimate rights and interests of online<br \/>\nconsumers are damage is also frequently reported. In the process of continuous<br \/>\ninnovation of e-commerce model, how comprehensively and effectively to protect<br \/>\nthe legitimate rights and interests of online consumers still needs in-depth<br \/>\nstudy.<\/p>\n<ul>\n<li><strong>Principles of<br \/>\ncontract law in depth <\/strong><\/li>\n<\/ul>\n<p>Primarily, it is necessary<br \/>\nto set up contract law is to ensure the parties to a contract to each other,<br \/>\nagree and obligate to keep their promises. By creating a legally binding<br \/>\nrelation frequently, refer to four key elements that need to be present; offer<br \/>\nacceptance, consideration and intention.&nbsp;\n<\/p>\n<p>Not all the e-consumer<br \/>\nprovide with logical eyes to understand overall standing law of contract<br \/>\nsignificantly in the running of society. The Consumer Contracts (Information,<br \/>\nCancellation and Additional Charges) Regulations 2013 have applied the contract<br \/>\nbetween business premises and consumers with types of rule for business<br \/>\nproviding digital content. \u2018Negotiated and agreed by one or more organized<br \/>\nmeans of distance communication. (Business companion, 2018). Whilst I believe<br \/>\nthis terms and conditions made practical sense in the circumstances to protect<br \/>\nconsumers\u2019 right, authors such as Ashutosh Kumar et al point out protection is<br \/>\nnot possible without rigid legal system and it is better if the consumers are<br \/>\npay awareness of their rights and what it is against. It is the format online<br \/>\nconsumers to participate in marketing research to understand these rights and<br \/>\nobligations, as well as full transparency of marketing research professional<br \/>\nservice providers.<\/p>\n<p>N. Helberger (2012)<br \/>\ndescribes that Digital is an analogue and tangible world, unlike to other areas<br \/>\nof law; law relates with digital media aspects was late to respond to the<br \/>\nchallenges from digital market.&nbsp; <\/p>\n<p>However, in some case contract<br \/>\nlaw must written invalid. The terms of the offer must commit to all parties<br \/>\nconcerned and reach a consensus, legal contractual capacities. Form<br \/>\ne-commercial normally use in writing and signed by the seller (owner) or estate<br \/>\nagent acting. The entire potential purchase document can inform consumers\u2019<br \/>\nacceptance. <\/p>\n<p><strong>A way though representations v Terms<\/strong><\/p>\n<p>None all things provide of<br \/>\nthe negotiating a contract is a term and legally binding. The consumer can sued<br \/>\nup for the civil offence if provider representations are promises turns out to<br \/>\nfalse which do not form part of a contact. During seller may want to leave a<br \/>\ngood impression thus misrepresentation and breach of contract. Terms and<br \/>\nconditions usually are written in to contract as clarity. In addition, if want<br \/>\nto keep the verbal promises into the contract agreement, but it does difficult<br \/>\nto prove. <\/p>\n<p>Even though the legal principles have an offer \u2018contract law provides the legal framework for economic transactions in the internal market (Article 114 TFEU) However, that does not apply to contracts traders to trade goods or services from the consumer. In terms of the monetary value of consideration, Wiki website (2018) indicates that courts do not take in adequacy consideration between two parties was monetarily fairly. If a person has signed an employee contract binding and found low salary with hard working, which wants to, sought to get rid of his contract. In this case, contact is binding, again, the law usually do not concern with the value and benefit of consideration even if the compensation was incredibly low. <\/p>\n<p>It is the responsibility<br \/>\ncontracts provide enough information for consumers. Nevertheless, if you think<br \/>\nthat any of standards terms in consumer contract are unfair to your personal<br \/>\nshould contact Consumer Direct. Please call the Consumer Direct advice service<br \/>\non 08454 04 05 06 or visit the Consumer Direct website <a href=\"http:\/\/www.consumerdirect.gov.uk\">www.consumerdirect.gov.uk<\/a>. (Office of fair trading, 2008)<\/p>\n<p>If there is, a logical way to protect consumer benefit is great, but some of the business does not portent full of contact information and have to agree with the online commitment for un-wealthy law consumers. Especially some of E-commercial taking advantages of consumers particularly in situations where the consumer does not understand the contract. <\/p>\n<ul>\n<li><strong>An example of digital economy <\/strong><\/li>\n<\/ul>\n<p>Facebook is a well-known<br \/>\ndigital company and could not even guarantee consumer safety thus to indicated<br \/>\ninto conditions law. It has told we have to keep it safe and please to use, we<br \/>\nhave to secure the registration and account, we have to protect other people\u2019s<br \/>\nrights etc. Since Facebook is a device link, a lot of personal privacy this is<br \/>\nnot 100% surely protect digital user safety. Before we post everything out need<br \/>\na depth consideration because Facebook got the permit to take the image and<br \/>\ninformation to browse and share. Even we can complain about it if we think it<br \/>\nis unfair, but the result seems less and less because we already \u2018agree\u2019 the<br \/>\nterms and conditions. <\/p>\n<p>From recently, a profitable<br \/>\ndigital company has been struggled with \u2018Facebook is facing investigations on multiple<br \/>\nfronts after revelations that data on 50m users by an analytics firm (Financial<br \/>\nTimes, 2018).\u2019 Facebook struggled with recent scandal has made the general<br \/>\nnews. <\/p>\n<p>The patent will allow<br \/>\nFacebook to analyses the user\u2019s family members based on information uploaded by<br \/>\nusers to their websites and Instagram, including pots, status, friends, photos<br \/>\nand more. <\/p>\n<p>At somehow point, it creates<br \/>\na protection for young group consumers indicate from (Wiki, 2017) \u2018age-verification<br \/>\nregulator to publish guidelines. The Digital economy act 2017 raised concerns<br \/>\nabout the privacy implications of collecting user data within, especially class<br \/>\nof young teenager. Whether who under 13 are broke in the act when they sign a<br \/>\ncontract at any social media such as Instagram, WhatsApp, snapchat and YouTube<br \/>\nwill get the same treatment. <\/p>\n<p>Until now, consumer<br \/>\nprotection still has decentralized and fragmentary legislation, which has led<br \/>\nto a lack of basic consumer rights, and the lack of voice of consumers and the<br \/>\nconstant development of consumers are largely unregulated.<\/p>\n<p>There are protection for<br \/>\nconsumers also information to inform consumers. The Facebook users have to<br \/>\nfollow the terms, conditions once been agreed the statement of rights, and<br \/>\nresponsibilities have provided. <\/p>\n<p><strong>The Disadvantage of digital economic <\/strong><\/p>\n<p>Internet consumers<br \/>\n&#8220;security rights&#8221;: difficult to maintain security view of the<br \/>\nincrease in the payment method of online transactions and the complete flow of<br \/>\nlogistics information. The security rights of online consumers are mainly<br \/>\nreflected in the two aspects of payment security and personal information<br \/>\nsecurity. <\/p>\n<p><strong>Online consumers &#8220;fair trading rights&#8221;: difficult to be fair<\/strong><\/p>\n<p>In the e-commerce B2C<br \/>\nmodel, consumers must first fill in the personal information on the operator<br \/>\nplatform website, obtain the network identity after completing the<br \/>\nregistration, and then conduct the transaction according to the relevant format<br \/>\ncontract terms provided by the operator. The network consumer can only choose<br \/>\nto refuse or agree that you cannot negotiate with the operator regarding the<br \/>\nterms of the transaction. <\/p>\n<p>In related network platform<br \/>\nformat of the contract, terms are usually lengthy, narrow interface, the<br \/>\nsmaller the number of words, not all-online consumers\u2019 professional background,<br \/>\noften without the patience to look, in particular, to reduce or waive the terms<br \/>\nof the trap operator responsibility, different. To a limited extent or<br \/>\ndeprivation of the exercise of the rights of online consumers.<\/p>\n<p><strong>Expanding the legitimate rights and interests of online consumers<\/strong><\/p>\n<p>The more comprehensive the<br \/>\nlegal norm system of online transactions, the more the legitimate rights and<br \/>\ninterests of online consumers are confirmed, the less the network operators can<br \/>\nmake unfair regulations for consumers through format contracts and trap<br \/>\nclauses, and even use technical means to force transactions. In the current<br \/>\nlaw, consumers have no right to return because of the right to extend the<br \/>\nconsumer&#8217;s right to know and choose, regulate fraudulent transactions, and<br \/>\nguarantee fair transactions, but some network operators still restrict the<br \/>\nrights of online consumers. Internet consumers do their best to pay attention<br \/>\nto the usual requirements, but still, do not know the true situation of goods<br \/>\nand services. If the right to return is exercise within a certain period after<br \/>\nusing the goods and receiving services, it does not increase the operating cost<br \/>\nor damage other Consumers&#8217; interests, consumers&#8217; demand for return-free returns<br \/>\nshould be supported. The normalization and popularization of online<br \/>\ntransactions will continue to expand the interests of consumers. The intensity<br \/>\nand extent of social protection of consumers will also increase. It is<br \/>\nnecessary to rationally adjust the distribution pattern of interests of network<br \/>\noperators and consumers, and expand online consumers. Legitimate rights and<br \/>\ninterests, improve the legal norm system and promote the model innovation of<br \/>\ne-commerce and the practice of benign trading rules<\/p>\n<p>Moreover, terms and<br \/>\nconditions may affect users\u2019 privacy. In practice, they will find it often<br \/>\ndifficult to identify privacy issues or concrete threats to their privacy.&nbsp; More generally, in order to acknowledge<br \/>\nproblems with unfair terms in consumer contracts and possible conflicts with<br \/>\nreasonable interests protected elsewhere (e.g., in copyright law, data<br \/>\nprotection law, or media law), a certain level of legal expertise is required<br \/>\nthat many if not most consumers lack. <\/p>\n<p>Security concerns mentioned<br \/>\nby consumers include email scams, spam, identity theft, viruses, loss of<br \/>\ninformation, and the security of online possessions and communication, for<br \/>\nexample, in the context of social networks or email (Europe Economics 2011b,<br \/>\npp. 59\u201360, 105). The recent statistics show that 9% of digital consumers had<br \/>\nexperienced security problems by Europe Economies (the figures might be<br \/>\nhigher). More aggressively, consumers are illegal under Article 13(1) and (3)<br \/>\nof the Directive on Privacy and Electronic Communications. It is obviously<br \/>\nconducting an unfair commercial practice. There are have no many solutions we<br \/>\ncan do; consumers must cooperate such as to install the latest updates, to<br \/>\nqualify for system protection. However, this unclear that process what requires<br \/>\nto do it just a bug and spend lots of time. <\/p>\n<p>Digital economic law is not just a regulatory law; this is a development law, a future law and a global law. It is a law that focuses on and protects consumer development, looks to the future and we recommend improving relevant laws. Others problems we identified are such as not reserved to digital consumers, such as the rule of consumer information obligations and the problem of underage consumers. Ultimately, consumer protection law is the long-awaited improvement of the legal standing of consumers. Next innovation in the digital economy is a real contribution to the world and a true responsibility for the word. If this follows the characteristics of the digital economy contributing to a better balance between the rights of digital consumers and digital economy companies. <\/p>\n<p><strong>Sources<\/strong><\/p>\n<ul>\n<li>https:\/\/www.businesscompanion.info\/en\/quick-guides\/distance-sales\/consumer-contracts-distance-sales <\/li>\n<li> https:\/\/www.ft.com\/content\/257d4598-2cb9-11e8-a34a-7e7563b0b0f4 <\/li>\n<li> https:\/\/en.wikipedia.org\/wiki\/Digital_Economy_Act_2017 <\/li>\n<li> https:\/\/www.businesscompanion.info\/en\/quick-guides\/good-practice\/consumer-protection-from-unfair-trading <\/li>\n<li>https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/284442\/oft1008.pdf <\/li>\n<li>https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/284426\/oft311.pdf <\/li>\n<li> https:\/\/search-proquest-com.ezproxy.mmu.ac.uk\/docview\/1550172203?OpenUrlRefId=info:xri\/sid:summon&amp;accountid=12507 <\/li>\n<li> https:\/\/link-springer-com.ezproxy.mmu.ac.uk\/article\/10.1007%2Fs10603-012-9201-1 <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[85],"class_list":["post-285","post","type-post","status-publish","format-standard","hentry","category-free-law-essayscontract-law","tag-uk-law"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is Contract Law Suitable for the Digital Economy? | LawTeacher.net<\/title>\n<meta name=\"description\" content=\"The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lawteacher.net\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Contract Law Suitable for the Digital Economy?\" \/>\n<meta property=\"og:description\" content=\"The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lawteacher.net\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\" \/>\n<meta property=\"og:site_name\" content=\"LawTeacher.net\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LawTeacherNet\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/LawTeacherNet\" \/>\n<meta property=\"article:published_time\" content=\"-0001-11-30T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lawteacher.net\/wp-content\/uploads\/2025\/07\/LT-large-logo.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"LawTeacher\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LawTeacherNet\" \/>\n<meta name=\"twitter:site\" content=\"@LawTeacherNet\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"LawTeacher\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"ScholarlyArticle\",\"@id\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php#article\",\"isPartOf\":{\"@id\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\"},\"author\":{\"name\":\"LawTeacher\",\"@id\":\"https:\/\/wp.lawteacher.net\/#\/schema\/person\/b99962c073c877c4ab8ee3d2486cd56e\"},\"headline\":\"Is Contract Law Suitable for the Digital Economy?\",\"datePublished\":\"-0001-11-30T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\"},\"wordCount\":1930,\"publisher\":{\"@id\":\"https:\/\/wp.lawteacher.net\/#organization\"},\"keywords\":[\"UK Law\"],\"articleSection\":[\"Contract Law\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\",\"url\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\",\"name\":\"Is Contract Law Suitable for the Digital Economy? | LawTeacher.net\",\"isPartOf\":{\"@id\":\"https:\/\/wp.lawteacher.net\/#website\"},\"datePublished\":\"-0001-11-30T00:00:00+00:00\",\"description\":\"The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.\",\"breadcrumb\":{\"@id\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wp.lawteacher.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is Contract Law Suitable for the Digital Economy?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wp.lawteacher.net\/#website\",\"url\":\"https:\/\/wp.lawteacher.net\/\",\"name\":\"Law Teacher\",\"description\":\"The Law Essay Professionals\",\"publisher\":{\"@id\":\"https:\/\/wp.lawteacher.net\/#organization\"},\"alternateName\":\"LawTeacher.net\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wp.lawteacher.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wp.lawteacher.net\/#organization\",\"name\":\"Law Teacher\",\"alternateName\":\"LawTeacher.net\",\"url\":\"https:\/\/wp.lawteacher.net\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/wp.lawteacher.net\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.lawteacher.net\/wp-content\/uploads\/2025\/07\/LT-logo.jpg\",\"contentUrl\":\"https:\/\/www.lawteacher.net\/wp-content\/uploads\/2025\/07\/LT-logo.jpg\",\"width\":250,\"height\":250,\"caption\":\"Law Teacher\"},\"image\":{\"@id\":\"https:\/\/wp.lawteacher.net\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/LawTeacherNet\/\",\"https:\/\/x.com\/LawTeacherNet\",\"https:\/\/api.whatsapp.com\/send\/?phone=447723491966&text&type=phone_number&app_absent=0\"],\"description\":\"Law Teacher provides academic writing services for law students throughout the world.\",\"email\":\"contact@lawteacher.net\",\"telephone\":\"+44 115 966 7966\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/wp.lawteacher.net\/#\/schema\/person\/b99962c073c877c4ab8ee3d2486cd56e\",\"name\":\"LawTeacher\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/wp.lawteacher.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4fdfab0a9ef25209f111018ecc8a983e19e57c5066a9277217a119582ccbeed3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4fdfab0a9ef25209f111018ecc8a983e19e57c5066a9277217a119582ccbeed3?s=96&d=mm&r=g\",\"caption\":\"LawTeacher\"},\"description\":\"LawTeacher.net is the UK's leading provider of academic legal support, offering both writing services and an extensive collection of law study resources for students in the UK and overseas. Founded in 2003 by Grey's Inn graduate Barclay Littlewood, the Company was built on a commitment to excellence, with unique guarantees and a high standard of service from day one. The team includes over 500 UK legally qualified writing experts, with many practising solicitors and barristers, and several former lecturers.\",\"sameAs\":[\"https:\/\/www.lawteacher.net\",\"https:\/\/www.facebook.com\/LawTeacherNet\",\"https:\/\/x.com\/LawTeacherNet\",\"https:\/\/gravatar.com\/lawteacherprofile\"],\"knowsAbout\":[\"Contract Law\",\"Criminal Law\",\"Constitutional and Administrative Law\",\"EU Law\",\"Tort Law\",\"Property Law\",\"Equity and Trusts\",\"Jurisprudence\",\"Company Law\",\"Commercial Law\",\"Family Law\",\"Human Rights Law\",\"Employment Law\",\"Evidence\",\"Public International Law\",\"Legal Research and Methods\",\"Dispute Resolution\",\"Business Law and Practice\",\"Civil Litigation\",\"Criminal Litigation\",\"Professional Conduct\",\"Taxation\",\"Wills and Administration of Estates\",\"Solicitors\u2019 Accounts\"],\"url\":\"https:\/\/www.lawteacher.net\/author\/lawteacher\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Is Contract Law Suitable for the Digital Economy? | LawTeacher.net","description":"The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lawteacher.net\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php","og_locale":"en_GB","og_type":"article","og_title":"Is Contract Law Suitable for the Digital Economy?","og_description":"The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.","og_url":"https:\/\/www.lawteacher.net\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php","og_site_name":"LawTeacher.net","article_publisher":"https:\/\/www.facebook.com\/LawTeacherNet\/","article_author":"https:\/\/www.facebook.com\/LawTeacherNet","article_published_time":"-0001-11-30T00:00:00+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.lawteacher.net\/wp-content\/uploads\/2025\/07\/LT-large-logo.webp","type":"image\/webp"}],"author":"LawTeacher","twitter_card":"summary_large_image","twitter_creator":"@LawTeacherNet","twitter_site":"@LawTeacherNet","twitter_misc":{"Written by":"LawTeacher","Estimated reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"ScholarlyArticle","@id":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php#article","isPartOf":{"@id":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php"},"author":{"name":"LawTeacher","@id":"https:\/\/wp.lawteacher.net\/#\/schema\/person\/b99962c073c877c4ab8ee3d2486cd56e"},"headline":"Is Contract Law Suitable for the Digital Economy?","datePublished":"-0001-11-30T00:00:00+00:00","mainEntityOfPage":{"@id":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php"},"wordCount":1930,"publisher":{"@id":"https:\/\/wp.lawteacher.net\/#organization"},"keywords":["UK Law"],"articleSection":["Contract Law"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php","url":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php","name":"Is Contract Law Suitable for the Digital Economy? | LawTeacher.net","isPartOf":{"@id":"https:\/\/wp.lawteacher.net\/#website"},"datePublished":"-0001-11-30T00:00:00+00:00","description":"The value of the digital economy is growing in millions of network nodes; it indicates that the benefits generated by the network will increase exponentially as the number of network users\u2019 increase.","breadcrumb":{"@id":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/64.226.118.242:8001\/free-law-essays\/contract-law\/contract-law-digital-economy-0921.php#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wp.lawteacher.net\/"},{"@type":"ListItem","position":2,"name":"Is Contract Law Suitable for the Digital Economy?"}]},{"@type":"WebSite","@id":"https:\/\/wp.lawteacher.net\/#website","url":"https:\/\/wp.lawteacher.net\/","name":"Law Teacher","description":"The Law Essay Professionals","publisher":{"@id":"https:\/\/wp.lawteacher.net\/#organization"},"alternateName":"LawTeacher.net","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp.lawteacher.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/wp.lawteacher.net\/#organization","name":"Law Teacher","alternateName":"LawTeacher.net","url":"https:\/\/wp.lawteacher.net\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/wp.lawteacher.net\/#\/schema\/logo\/image\/","url":"https:\/\/www.lawteacher.net\/wp-content\/uploads\/2025\/07\/LT-logo.jpg","contentUrl":"https:\/\/www.lawteacher.net\/wp-content\/uploads\/2025\/07\/LT-logo.jpg","width":250,"height":250,"caption":"Law Teacher"},"image":{"@id":"https:\/\/wp.lawteacher.net\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/LawTeacherNet\/","https:\/\/x.com\/LawTeacherNet","https:\/\/api.whatsapp.com\/send\/?phone=447723491966&text&type=phone_number&app_absent=0"],"description":"Law Teacher provides academic writing services for law students throughout the world.","email":"contact@lawteacher.net","telephone":"+44 115 966 7966","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}},{"@type":"Person","@id":"https:\/\/wp.lawteacher.net\/#\/schema\/person\/b99962c073c877c4ab8ee3d2486cd56e","name":"LawTeacher","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/wp.lawteacher.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4fdfab0a9ef25209f111018ecc8a983e19e57c5066a9277217a119582ccbeed3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4fdfab0a9ef25209f111018ecc8a983e19e57c5066a9277217a119582ccbeed3?s=96&d=mm&r=g","caption":"LawTeacher"},"description":"LawTeacher.net is the UK's leading provider of academic legal support, offering both writing services and an extensive collection of law study resources for students in the UK and overseas. Founded in 2003 by Grey's Inn graduate Barclay Littlewood, the Company was built on a commitment to excellence, with unique guarantees and a high standard of service from day one. The team includes over 500 UK legally qualified writing experts, with many practising solicitors and barristers, and several former lecturers.","sameAs":["https:\/\/www.lawteacher.net","https:\/\/www.facebook.com\/LawTeacherNet","https:\/\/x.com\/LawTeacherNet","https:\/\/gravatar.com\/lawteacherprofile"],"knowsAbout":["Contract Law","Criminal Law","Constitutional and Administrative Law","EU Law","Tort Law","Property Law","Equity and Trusts","Jurisprudence","Company Law","Commercial Law","Family Law","Human Rights Law","Employment Law","Evidence","Public International Law","Legal Research and Methods","Dispute Resolution","Business Law and Practice","Civil Litigation","Criminal Litigation","Professional Conduct","Taxation","Wills and Administration of Estates","Solicitors\u2019 Accounts"],"url":"https:\/\/www.lawteacher.net\/author\/lawteacher"}]}},"_links":{"self":[{"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/posts\/285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/comments?post=285"}],"version-history":[{"count":0,"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/posts\/285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/media?parent=285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/categories?post=285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lawteacher.net\/wp-json\/wp\/v2\/tags?post=285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}