Electronic contracting. (brings changes in business, legal matters)(Murray's Law)(Column) Purchasing | October 3, 1996| | COPYRIGHT 1996 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Electronic contracting is not coming--it is here. The standard forms used in buying and selling goods are still used, but the inevitable replacement of purchase orders, acknowledgments, and other traditional documents is already happening. We now speak of electronic data interchange (EDI) and electronic message systems (EMS). E-mail is already making the "fax" obsolete. Forget the fax machines (which may have about the same longevity in the communication revolution as the pony express). Bring on the Internet! Everybody has to have an E-mail address and one of the more ...

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