E-Contract Law and Legal Definition E-contract is any kind of contract formed in the course of e-commerce by the interaction of two or more individuals using electronic means, such as e-mail, the interaction of an individual with an electronic agent, such as a computer program, or the interaction of at least two electronic agents that are programmed to recognize the existence of a contract. This overriding structure governs the execution of contract law (warning, good nighttime reading for insomniacs). E contracts are digital versions of the old paper contracts. The same essential laws govern them. The parts of a binding contract, both e contract and paper, that are vital, are: Offer: This is the promise between the parties. So for example, company X will develop company Y’s web application; company Y will own the intellectual property, and will pay company X $5,000 for this