The advent of the New Brazilian Civil Code has raised hot debate as to the protection granted to electronic contracts, kind of agreement the has shown a considerable growth in times of Internet communication, and the need to expedite completion of deals.
Electronic contracts are, like conventional agreements, contracts where parties thereto express their will by establishing or extinguish a legal relationship.
The marking difference is that an electronic contract is made digitally rather than on a hard copy, as until very recently.
To date, Brazil has no specific legislation applicable to electronic contracts, even the New Civil Code lacks express provision on that kind of agreement.
The modernization of the Brazilian legislation, by the establishment of specific rules to govern deals made digitally is, undoubtedly, much anticipated. A Bill to govern issues including, but not limited to, e-commerce, data communication, e-mails, information systems and securities and contracts,
