Something To Reply Upon? Formation Of Contracts

When a contract is formed, binding rights and obligations are created that can be legally enforced through the Courts. It is crucial to understand the many ways in which a contract can be created and whether a particular party is bound by its terms.

The rise of email has had a significant impact on how we do business and consequently, the formation of contracts. The speed and ease at which emails can be sent, and their perceived informality, has increased the flow and level of communication which may pass between negotiating parties. Recent case law from the UK now suggests that a chain of email correspondence can constitute a binding agreement, so it may be time to reassess the manner in which emails are used between contracting parties.