An electronic agreement is a legally binding contract that is formed and executed online, providing a secure and convenient means of doing business. It is an alternative to traditional paper contracts that requires less manual effort, allowing for faster response times and quicker decisions. Electronic agreements can be written in a variety of formats such as PDFs, HTML, XML or any other type of digital file. Most importantly, they are valid under current laws, making them just as useful and enforceable as any physical document. In short, electronic agreements provide the same protection and certainty as other forms of signing documents, but with added convenience and speed.