E Commerce : A Network Of Intricate Commercial Activities

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Electronic Commerce has been given several definitions. In its largest sense, E-Commerce can be defined as the whole commercial transactions, whether national or transnational, carried out thanks to electronic processing and transmission of data: texts, sound, and images. This consists in applying the information and communication technology (IT) to commercial activities: conception and production; while involving a certain number of public or private agents in direct or indirect forms. Today E-Commerce has become a network of intricate commercial activities at the planetary level. E-Commerce facilitates the distribution and the exchange of goods and services. The ranges of consumer goods are very broad. One can electronically sell…show more content…
The challenge of E-Commerce consists in elaborating an adapted prescriptive, a normative framework i.e. taking into consideration the environment where the paper document, conceived as the privileged and sometimes compulsory vector of the will of parties can no longer play its traditional role. The matter consists, in a way, in achieving a certain conciliation between the principles of the freedom of commerce and the need to facilitate E-Commerce. Thus, it consists of setting up flexible rules while keeping in mind the need for safety and protection of the consumer. Some authors today speak about the Lex Electronica. The Lex Electronica would correspond to a number of the informal legal rules applicable in the framework of E-Commerce. I1 would have institutional sources (international conventions, codes of conduct of business, standard contracts) and substantial sources consisting of the contractual practices and the general principles of law and practices. At the institutional level, several efforts have been deployed in order to regulate E-Commerce by the international authorities such as WIPO, WTO, ODCE, UNCTAD, UNCITRAL and the European Council. One can mention, in particular, the standard Law on E-Commerce adopted by UNCITRAL on January 30, 1997. No international organisation before UNCITRAL had produced a text of uniform law with
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