Legal Aspect on Automated Contract in European Union
Keywords:
Automated Contract, Electronic Transactions, Unexpected ActionsAbstract
In today's digital era, Artificial Intelligence (AI) has played a pivotal role in almost every aspect of human daily life. In the context of contracting, AI has been integrated into the contract formation process, beginning with automated offers and acceptances. These automated contracts are considered to establish legally binding effects as electronic transactions. However, there is a challenge of using automated contracts. Unexpected actions possibly occur resulting the challenge of the intent of parties. This article focuses on studying the relevant laws and guidelines for automated contracts within the legal framework of the European Union.
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