Open AccessThe research related to the perspectives of the execution of international commercial contracts through the prism of technological progress
Author(s) -
Virginia Zaharia,
Angela Cibuc
Publication year - 2021
Publication title -
vector european: revistă ştiinţifico-practică
Language(s) - English
Resource type - Journals
eISSN - 2587-358X
pISSN - 2345-1106
DOI - 10.52507/2345-1106.2021-1.11
Subject(s) - pace , legislation , business , technological change , emerging technologies , industrial organization , law and economics , political science , international trade , law , economics , computer science , geodesy , macroeconomics , geography , artificial intelligence
Technological advances and the computerization of society rapidly contribute to the change of all spheres of human activity, currently international trade relations have a majority impact on the world economy, their development is taking place at a particularly accelerated pace, which generates certain gaps in terms of legislation in this area. Of particular importance in the development of this sphere was the electronic means of communication, becoming quite popular in recent decades, and the conduct of trade reports through them were no exception. Under the current conditions, as a fundamental legal instrument in private law, the contract could not develop separately from the new technologies imposed by the evolution of society towards the virtual world and in an attempt to adapt to the virtual environment; the contract took the electronic form.