Which statement best defines a click-wrap agreement?

A click-wrap agreement is best understood as a digital contract that a user accepts by clicking an "accept" or "agree" button, typically found on a website or in software installation. This method of agreement is recognized as binding, similar to traditional contracts, as long as the terms are clearly presented to the user prior to acceptance. The nature of click-wrap agreements allows for easy access and acceptance of terms, particularly in e-commerce and software licensing, where physical signatures are not feasible.

In contrast, other forms of agreements mentioned do not align with the click-wrap format. For example, a document signed in person involves a physical signature and is distinct from the digital nature of click-wrap agreements. Similarly, agreements delivered by email or made verbally over the phone lack the electronic click mechanism that characterizes click-wrap agreements, which are specifically designed for online transactions and user interactions. Thus, the focus on the user's action of clicking to accept terms makes option B the best definition of a click-wrap agreement.