NAVIGATING THE LEGAL LANDSCAPE: CONTEMPORARY CHALLENGES IN CONTRACT LAW FOR THE DIGITAL AGE

AUTHOR – CHANDRESH TIWARI, STUDENT AT CHRIST (DEEMED TO BE UNIVERSITY), DELHI NCR

BEST CITATION – CHANDRESH TIWARI, NAVIGATING THE LEGAL LANDSCAPE: CONTEMPORARY CHALLENGES IN CONTRACT LAW FOR THE DIGITAL AGE, ILE LEX SPECULUM (ILE LS), 1 (1) OF 2023, PG. 451-456, APIS – 3920 – 0036 | ISBN – 978-81-964391-3-2.

Abstract

This article delves into the contemporary issues in contract law, analyzing their implications and potential solutions. It highlights the challenges posed by e-contracts and online transactions, smart contracts, standard form contracts with deceptive clauses, implied terms, and the duty of good faith. Additionally, it explores the impact of data privacy regulations on contractual obligations and the significance of force majeure and pandemic-related clauses in times of crisis. The article emphasizes the need for a flexible and forward-thinking contract law framework that balances technological innovation with traditional legal principles, ensuring fairness, efficiency, and trust in modern business transactions. By addressing these contemporary challenges, stakeholders can shape a dynamic and resilient contract law landscape that meets the demands of an interconnected and ever-changing world.

Keywords: Contract Law, Implied, Transactions, Force Majeure, Pandemic, Data Privacy