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Showing posts from July, 2017

CODE IS LAW

By Othman Darwish Existing Contract law was designed many years ago to serve fundamentally our physical tangible world, in the era of information technology, and speed of light technological advancements, existing contract cannot be used in efficient manner   to achieve it purpose, regulators and courts are struggling to diminishing the differences between paper-based contracts and electronic equivalent contracts , looking to minimize changes to their body of law ,principles and frameworks, businesses   draft those contract in a manner that heavily favors the drafter   ( the business ) ,they aim to execute a transactions with consumers in a simple and fast method ,meanwhile they are always ahead of the consumers and know how to cover their rights in   those   drafted contracts ,   such a contract often contain numerous details provisions that many   consumers not read it or misunderstand it , as a result , the meeting of minds to the provision never occur between the