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hello and welcome to another exciting edition of business law today and in this particular episode were going to talk about econ tracks and the exciting world of online digital contracts and the first thing that we look at is a e contract now an e contract is just a regular old contract and so all of the normal common law principles for contract law still apply in the e contract context and so understanding that whether its the ACT laughs principles of offer and acceptance and capacity and consideration and legality and form and all of those kinds of things still apply and so we have to have the normal contract principles satisfied but then there are some extra issues that arise when we talk about online interactions so the first thing we look at is the online offer of course we have to have offer and acceptance so where does the offer take place now the sellers website controls the transaction and in some ways online interactions are actually cleaner than on offline or real world tr