Nebraska Statutes 86-617. Contract, defined
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Contract means the total legal obligation resulting from the parties’ agreement as affected by the Uniform Electronic Transactions Act and other applicable law.
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Terms Used In Nebraska Statutes 86-617
- Agreement: means the bargain of the parties in fact as found in their language or inferred from other circumstances and from rules, regulations, and procedures given the effect of agreements under laws otherwise applicable to a particular transaction. See Nebraska Statutes 86-614
- Electronic: means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. See Nebraska Statutes 86-618
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.