On e-commerce websites that operate in an online environment, the possibility of minors entering into contracts is very high. 4 Legal Issues E-commerce Businesses Need to Be Aware of Before Launch Day Jess Walter — December 15, 2020 Woman holding smartphone and credit card; image by PhotoMIX Company, via Pexels.com. Laws governing business incorporation, business name … It is required of the Company to take all reasonable precautions to prevent any corruption, damage, loss or destruction of the private information and/ or data, even upon the termination of the contract between the parties. Many e-business activities also involve transactions, so customer banking or credit card information also ends up stored online. What are the Legal Issues that May Possibly Arise for the E-Commerce Players in India? E-commerce initiates business processes reengineering projects. In such transactions, the products and services are sold through an electronic medium, without using any paper documents. The small investors are lured by the promise of false profits by the stock promoters. Auctions are also conductive to fraud, by both sellers and buyers. Upload; Login; Signup; Submit Search ... Notes Full Name. Legal Recognition of Digital Signatures Offenses and Contraventions Justice Dispensation Systems for cyber crimes. Many e-business activities also involve transactions, so customer banking or credit card information also ends up stored online. However, business owners that are interested in e-commerce must be aware of the accompanying legal challenges. E-commerce – Features, Drivers, Factors, Issues, Applications E-commerce is the use of electronic communication and digital information processing technology in business transactions to create, transform and redefine relationships for value creation between or among organisations and individuals. Trademarks & Domain names in E-Commerce. However, there are some legal issues that should be considered when engaging in e-commerce in the UAE, and set out below is an overview of these issues below. Additionally, e-commerce also refers to the effects that electronic exchange of commercial information may have on institutions and processes that support and govern commercial activities. If you are a business owner in the tourism industry, you should keep the legal aspects of e-commerce in mind when deciding to sell your services or products online (such as allowing online bookings, for example). Subscribe our Newsletter. RICHARD DUNCOMBE, RICHARD HEEKS et al., ECOMMERCE FOR SMALL ENTERPRISE DEVELOPMENT 204 (2006) Akshat Razdan, The Future of E-Commerce in India, LAW WIRE. Aashit Shah & Praveen Nagre, Legal Issues in E-commerce This essentially includes all commercial transactions that are based on electronic processing and transmission of data including sound, text and images. In some cases, the legal issues that govern the analysis of the electronic commercial transaction are no different from those applied in a more traditional commercial setting. E-commerce activity often involves collecting secure data such as names and phone numbers associated with email addresses. Fraud on the Internet; E-commerce fraud popped out with the rapid increase in popularity of websites. E-Commerce Challenges and Issues • Technical issues • Perceptual issues • Societal issues • Legal and ethical issues ... Legal and Ethical Issues • Digital signatures – Knowing whose messages come from – Used for 2 purposes • Authenticate identity of signer • Nonrepudiation E-commerce reduces the time between the outlay of capital and the receipt of products and services. Other areas of potential fraud include phantom business opportunities and bogus investments. Fraud on the Internet. 8th General Assembly, Singapore, 29 November - 2 December, 2003 / Jeffrey Chan Wah Teck. Liesl Briel Cyberlaw Consulting CC 2. By M Ali Nasir. This development has the possibility of leading to certain competition issues with respect to the development of strategies for growing the network and maintaining their market power. electronic commerce: legal issues on international use of electronic authentication and signature methods United Nations publication ISBN: 978-92-1-133663-4 Sales No. Other Issues - Inspections from the Ministry of Customs and Trade - Charge back issues - Complaints to prosecutors’ offices, claiming that the E-Commerce business has committed a fraud - Complaints to the ministry or the minister himself - Complaints and/or insults on social media - Copy cat websites 22. Internet businesses have a legal obligation to protect the private information of their customers. Chapter 3 Notes: Payment Systems Overview - Issues relating to payment for e-commerce transactions - Types of e-payment systems - Security issues in e-payment 3.1 Issues relating to payment for e-commerce transactions The issues that need to be looked into for e-payment are: Independence: E-payment often requires specialised software or hardware to process the payment. The Internet, in contrast, largely ignores distinctions based on territorial borders. It is a hot issue for both cyber and click-and-mortar merchants. It is often difficult to know the real identity of an e-business owner. The brokers who provide value added services or who manage electronic intermediation (also known as infomediation), are not only surviving but may actually prosper, this phenomenon is called Reintermediation. Legal Aspects of e-Commerce By Adv. To avoid IP issues, understand exactly what your IP is (for instance, underlying software, UX interface, or page design). Sorry, your blog cannot share posts by email. This book provides the detailed overview of E-commerce. Establishing an e-commerce business, whether on its own or as an extension of a retail business, is not a simple matter of acquiring a domain name and adding a payment process. Here you can download the free lecture Notes of E Commerce Pdf Notes – EC Notes materials with multiple file links to download. Legally, it is up to the e-business to store and protect or dispose of this sensitive data. Some of the ethical, social, and political issues raised in each of these areas include the following: Namely, they should be cognizant of the many issues surrounding data security and consumer privacy, as well as protecting their brand and setting a solid foundation with their “terms & conditions” agreement. Electronic commerce, commonly known as e-commerce or eCommerce, refers to the Internet based industry of buying and selling products or services via electronic means.E-Commerce uses a combination of Internet technology, mobile commerce, electronic funds transfers, escrowing services, electronic data interchange, supply chain management, inventory management systems, Internet … Also, Section 10A of the Information Technology Act, 2000 (“IT Act”) provides the validity of the e-contracts. (ii) Value added services such as consulting. E-commerce in simple terms refers to the buying and selling of both products and services through the internet. Taxation: Difficulties in taxing e-commerce business transactions: Determination of economic activity (to avoid tax collection), distinguishing proof of the presence of perpetual foundation, Tracing beginning and end of transaction, Lack of documentation to know the nature of the agreement. Legal ethical issues E commerce . 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