Nobody downloaded yet

Use of Contracts Transactions in E-commerce - Assignment Example

Comments (0) Cite this document
The paper "Use of Contracts Transactions in E-commerce " states that when a transaction is initiated online, both the seller and buyer should know that they are bound by rules, and any attempt to go against the agreements therein can culminate into a lawsuit…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
Use of Contracts Transactions in E-commerce
Read TextPreview

Extract of sample "Use of Contracts Transactions in E-commerce"

Download file to see previous pages Some of the laws that are used in general market situations, face to face, should also be applicable to e-commerce.
Several conferences have been held during the past decade to brainstorm on possible challenges and solution presented by e-commerce. Many jurisdictions have continued to address the emerging challenges through various methods. Some jurisdictions have already formulated formidable legislations, while others are still lagging behind. New legislation that is being formulated are often related or attached to common laws that guide local and international business transactions. Several global organizations have also responded to the call to have checked on e-commerce. Organizations such as International Chamber of Commerce (ICC) and United Nations Commission on International Trade Law (UNCITRAL) also have imparted the online business transactions through provision of contractual terms and modelling legal provisions that can be adopted by all countries while drafting their own laws, also they can be used by various players during formulation of contract terms (Electronic privacy information centre and junkbuster, 2002).
Transactions conducted over the internet should only happen there is an agreement between the seller and the buyer; this is either through an implied or expressed contractual agreement. Traders should always remember that the law still applies even when their transactions are done exclusively online.
Traditionally, negotiated contracts are made by persons that know each other well to understand the gender, mental capacity and age group of the other party. However, this is not the case with online transactions. Unlike the traditional transactions where a seller can evaluate the age and gender of the buyer without necessarily asking, it is easy to be deceived by online buyers. Underage individuals can easily buy items that are only limited to adults by providing wrong information during sign up. Transgender items can also be accessed by the unintended users if they provide false information about their genders. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Use of Contracts Transactions in E-commerce Assignment, n.d.)
Use of Contracts Transactions in E-commerce Assignment. Retrieved from
(Use of Contracts Transactions in E-Commerce Assignment)
Use of Contracts Transactions in E-Commerce Assignment.
“Use of Contracts Transactions in E-Commerce Assignment”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Use of Contracts Transactions in E-commerce


.... These representatives should be clear about their role in this form of business and in what manner should they interact with customers. Since they would be the only means by which a customer can get the inside view of the company, therefore this fact alone makes their job very crucial and demanding. Along with this the company also needs to enhance its online intelligence gathering regarding the most searched products on the web. This intelligence can be used by the company to widen its product offering range. This is a very important activity when launching the website on the global landscape. List of References Beck, U 2000, What is Globalization? Blackwell Publishing Inc., Malden, MA, USA. Chaffey D, 2004,...
12 Pages(3000 words)Essay


...information systems and audits of its security practices and policies in order to provide this assurance (Sanderson & Ghadaksaz, n.d. p.2). The advantage of e-commerce activities from the technological perspective is that it allows easy automation and generation of multiple payments using the minimum cost and effort. Previous too much dependence on banks for handling payments and transactions coupled with ubiquitous communications technology were responsible for making payment processes more difficult and expensive to establish. With the establishment of e-commerce technology such aspects have been made easy and comfortable....
12 Pages(3000 words)Essay

E commerce

...and conditions; Tesco Clubcard or a Tesco e-Clubcard is an essential requirement to shop at the The site has caused a strong link between the ‘clicks and brick’ side of the business. The Clubcard offers the same experience that they would gain when shopping in-store by positing their favourite items as a saved shopping list; they also offer the same rewards for their loyalty scheme (Humby & Hunt, 2003, p.244). Smart strategies were used by Tesco for the online website. For example Tesco gave customers e-coupons which they could only use online. This was to encourage more shoppers to complete their transactions online. Tesco applied smart...
4 Pages(1000 words)Essay

E-commerce Transactions Scare Customers

...terms connected with the issue of privacy, which include choice, identification, digital persona, trust, among others. The use of technology, particularly the digital system, meant for e-commerce businesses has made it much easier to search and capture large amount of data about personal preferences and other details. Accordingly data mining is a common process to determine buying patterns and other personal trends. (Dhillon & Moores 2001). Since the data is collected for maintaining the safety of business transactions, and adding value to businesses and their patrons, the same can be reused and resold.(Culnan & Armstrong 1999). The reports suggest (Fisher 2001), 92% of...
5 Pages(1250 words)Research Proposal


...on sale regulations intended for purchasers and traders of business products inside the substitute. Attainment of business services/products: on the basis of business rules established earlier than incoming and contributing inside the exchange. Suggestion to improve e-commerce activity There exist a number of reasonably easy tasks we are able to perform in an attempt to enhance the functions of ecommerce website to augment sales with no impact on our costs. Below is a list of several recommendations we are able to devise to augment sales without minimizing our business product’s costs. Some of the recommendations comprise: (Rich Page , 2008) Businesses need to decrease the extent and complication of...
9 Pages(2250 words)Essay

Business Law - Use of Contracts in E-commerce

...? Business Law - Use of Contracts in E-commerce Table of Contents Introduction 3 Content 3 Incorporation 5 Trademark and Register 5 Intellectual Property 5 Copyright 6 Website 6 Protection of Consumer’s Privacy 7 Summary 7 References 9 Introduction The leading global organizations are trying to capitalize on the potential business opportunities which developed due to technological advancements in this present era of globalisation. Internet has become an important business tool that helps an organization or a business entity to maximize business output and profit. The global electronics market can be predicted based on the transaction cost theory....
6 Pages(1500 words)Assignment

Marketing & Commerce, E-Marketing & E-Commerce

.... The more business that is generated by bolt-on e-business systems, the lower are intermediation and search costs. Moreover, the transaction costs of managing the supply chain reduces by use of standardised and effective information-gathering, processing and dissemination systems and network externalities generate more opportunities to expand and develop business. Today, for many companies e-commerce is the main tool on the basis of which the firm carries out the transactions flow between itself and the buyer. In indirect marketing the manufacturer utilizes the services of various types of independent marketing organizations or cooperative organizations that are located in the home country. When a manufacturer exports indirectly... one....
2 Pages(500 words)Essay


...-of-origin effects in global industrial sourcing: toward an integrated framework", Management International Review, Vol. 43 No.4, pp.339-61. 4. Anderson, E., Coughlan, A.T. (1987), "International market entry and expansion via independent or integrated channels of distribution", Journal of Marketing, Vol. 51 No.3, pp.71-82. 5. Anderson, E., Gatignon, H. (1986), "Modes of entry: a transaction cost analysis and propositions", Journal of International Business Studies, pp.1-26. 6. Baily, J., Bakos, Y. (1997), "An exploratory study of the emerging role of electronic intermediaries", International Journal of Electronic Commerce, Vol. 1 No.3, pp.7-20. 7. Bello, D.C.,...
20 Pages(5000 words)Book Report/Review

Commercial Transactions (Contracts)

...Order 145403 Commercial Transactions (Contracts) The four elements of a valid contract are: - i. Agreement. ii. Consideration. iii. Contractual capacity. iv. Lawful object. Currently, contract law is used based on the objective theory of contracts. The objective theory states that if an objective third party (Jury) believes the parties intend to form a contract, then a contract should be found, meaning we prefer to interpret them to find there is no contract. In this context the theory does not apply to this case. Firstly the way John Leonard did. He believed that the Harrier jet was...
2 Pages(500 words)Essay

Contracts, Trademarks, and European E-Commerce Law

...CONTRACTS, TRADEMARKS AND EUROPEAN E-COMMERCE LAW Alfred, a resident of England, has set up a small business selling computer software primarily forsmall businesses, which he writes himself. The business was established in 2006 and is called Alfsoft Ltd. Alfred wishes to sell software over the Internet. Alfred has successfully registered Alfsoft as a UK trade mark for computer software, and registers the domain name lfred begins selling his software via his website, using an online ordering form. He sells his software both via direct download and, primarily for those with slower Internet connections, via DVD sent through the post. Alfred...
19 Pages(4750 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Use of Contracts Transactions in E-commerce for FREE!

Contact Us