The Digital Signature Commercial Use Should Be Governed By Law

E-commerce is future of shopping. Due to E-commerce the gap has been reduced between manufacturer & consumer. According to Indian population their vast scope for e-commerce because currently in India only 19% people using internet for selling & buying goods & services so remaining percentage we can considered that we having scope in Indian Market. There is weak Cyber security Law in India that is why Indian People are facing challenges toward e-commerce. The future of e-commerce e in India would be bright in the upcoming years if all essential factors would be implemented, by establishing cyber & have their benefits as per people wish. The role of government is to provide a legal framework for e-commerce so that while domestic & international trade are allowed to expand their horizons, basic right such as privacy, intellectual property, prevention of fraud, consumer protection etc. are all taken care of. The expansion of e-commerce has been developed in rural as well as urban area in reign able cost for consumption, because of that more people are getting linked with e-commerce & the ratio of that is getting increase day by

Since consumer transactions that take place on social media web sites often cross state lines, the Federal Government has developed and passed laws that can best control these transactions. There are many Federal regulations in place to provide consumers with protection when they participate in transactions via social media sites. These regulations range from taxation on goods, restrictions on state laws restricting interstate commerce, and protection of electronic fund transfers. These laws are growing in importance as more and more consumers choose to transact business via social media sites. A consumer should be aware of their rights and responsibilities before engaging in e-commerce. The E-Sign Act provides consumer and business protection by allowing contracts to be signed without paperwork by using the click-wrap agreement, and the Federal Trade Commission has several protections in place for purchases made online for more than $25. There are many different regulations put forth by the Federal government, but there are many ways a consumer can develop safe practices when engaging in internet transactions. This includes using reliable, reputable companies to purchase from, using secured browsers, understanding terms and conditions prior to purchase and finally keeping records of all transactions. Next I will examine

Whenever a new technology is found, like a double-edged sword, it often brings both more convenient life and possibility of danger in which potential exploitation of gap that might occur in its initial developing stage. For the past 20 years, computer related technologies and industry have been continuously advancing at radical speeds that greatly changed our way of life. The introduction of internet and digitalization of data has saved us enormous time and work required otherwise would have been wasted. On the other hand, however, it aided whole new types of property offences that are distinct from traditional ones to arise which posses’ difficulties in dealing with them by traditional way of approaching

Are indentures created through electronic means valid contracts that have a basis to be legally pursued? An arrangement made between parties that is legally binding is a contract, though there are several factors that must be realized in order for these deals to become legally binding. There are differences when making a contract in different formats, such as electronically, verbally or written and each one has its own aspects that must be taken into account. When there is a contract an offer must be made to bind both persons to the contract, though the binding is only effective when there is an acceptance by the promisee. When obligated to the terms of a contract, the contract must not be breached by either parties. Wanting to withdraw from a legally binding contract must be on grounds that factors such as both parties wanting to dismiss the agreement, or it being a void contract from the beginning. There is legal assistance such as seeking advice from a lawyer when the terms of the contracts are not clear, there has been a breach, or if you think the contract may be a fraud. If the contract in hand is unambiguous or appears to be a scam, then it can be fought that it does not hold the promisee to be legally binding.

This Advice focuses on the international sale and carriage of goods and the 1 associated banking and insurance transactions. In Part 2 we summarise the approach taken in the UNCITRAL Model Laws on Electronic Commerce and on Electronic Signatures. Part 3 deals in general terms with statutory form requirements, their application to electronic communications, the UK’s obligations under Article 9 of the Electronic Commerce Directive and the making of orders under section 8 of the ECA. Part 4 deals with the carriage of goods by sea and, in particular, the extent to which a bill of lading has, or may in future have, an electronic equivalent. Issues arising in relation to the sale of goods are dealt with in Part 5. Carriage of goods by road, rail and air are covered in Part 6. Part 7 deals with marine insurance, with factoring being dealt with in Part 8. Part 9 then considers the most common payment mechanisms used in the international sale of goods. Our conclusions are summarised in Part 10. This Advice contains a summary of our views, derived from our detailed consideration of the issues. We have set out our views in summary form to enable those views to be considered by Government before it concludes the work which it is currently undertaking in relation to Article 9 and section

While researching the fact that as technology aggressively progresses it causes many people plenty of distress when it comes to internet and newer technology. Many companies will ask for information based on email addresses, or information for credit cards they sign you up for. Overall this can be extremely overwhelming for a consumer because no consumer knows for sure if that employee working for a company is completely trustworthy. This is a problem for not only in person transaction, but also many transactions that happen via the internet. The reason this could be a problem in the internet and would make

In the contemporary society, the use of e-commerce has gained much popularity among many nations globally. This has been enhanced by the use of digital media which, has to a large extent boosted the way such activities are carried out. E-commerce is the transaction by which individuals do the act of buying and selling of products and services through online platforms. This paper, therefore, sheds light on how digital media have influenced the field of e-commerce in the US, France, and German.

The continuous development of Internet leads to the growth of e-commerce. The electronic commerce is growing constantly due to the continuously increasing number of mobile and online users in the market, primarily the emerging markets. Besides that, the development of the Information Technology (IT), such as the advance of paying processes and the improvements of shipping method also the main reason to cause the growth of electronic commerce (John Ingham, 2015). Most consumers accept e-commerce as their feasible alternative in the purchase of goods and

The purpose of this paper is to recognize the current lack of regulation imposed on the use of Digital Currency or altcoin (alternative coins). I am strongly against how the United States’ Internal Revenue Service (IRS) and FinCEN (Financial Crimes Enforcement Network) are currently treating transactions, and the lack of transparency and taxation enforcement against investment and movement of the valued currency. Although extremely volatile, virtual currency has progressed to the mainstream and I don’t think it is going away anytime soon. Law enforcement, accountants, as well as criminals remain in awe at the lack of guidance and the ease of using this alternate currency to potentially hide illicitly obtained and or make

The development of new technological innovations, such as the Internet, has brought on changes for the market. The Internet offers a world-wide network, which connects millions of individuals and businesses and creates a global marketplace with huge business opportunities (E-business, eEurope, n.d). More and more companies have discovered the advantage of using the Internet as a communication tool to reach consumers at any place and at any time. This also enables consumers to search and gather information about products and services online. The word e-commerce refers to all transactions online. Electronic commerce (e-commerce) is the area in which we are to do our research and throughout this dissertation we will discuss consumer trust in

Electronic commerce as defined by Salvatore (2013) “refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the Internet” (p. 150). Consequently, e-commerce is now essential for businesses to be able to compete in the global marketplace. “E-commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E-commerce has made business processes more reliable and efficient” (Smith, K.T., 2011, p.3). this paper will outline those perspectives in regards to the origin of E-commerce, Business to Business E-commerce, Business to consumer E-commerce, Consumer to Consumer E-commerce, and legal environment of E-commerce.

When network entered into people 's daily lives, people started to go shopping online and concern the risk of third-party payment platform. Third-party payment platform is based on trust and a third-party payment platform needs more time to build independent agencies to pay trading platform. Third-party payment is not a financial institution, it builds a connection between merchants and banks as banks and merchants as technical support services and credit guarantees while facilitates public payment and reduces transaction costs. With the development of online shopping transactions, third-party payment platform generated and plays a vital role(Wang and Zhu, 2014). It is not only to the success of every transaction but also much money related to a range of security and social stability. According to a formal statistics, China 's third-party payment platform transaction amount has got 274.3 billion yuan, more than 976 billion yuan in 2007 181% in 2008(Wang and Zhu, ibid).

Indeed, I do not know how far tough the British law will go in 2010. All these factors motivated me to be more interested in this subject attempting to some extent to come out from this research with some solutions that contributed in protecting the parties of the electronic contracts, and in particular the weak party ‘consumer’.

In this electronic age there is a need to protect consumers‟ interest and following are the areas of central importance for the effective protection of e-consumers.

Nowadays, millions of people joined Internet in daily life. According to Internet World Stats’ statistics (2012) today more than two billion people linked to the Internet. The Internet mass use promotes the electronic commerce rapid expansion in the 20th century. The electronic commerce has been changed of the traditional way people shop. According to Turban et al (2000) defined the e-commerce is an emerging concept the process of buying, selling, exchanging product, service and information through Internet. The Internet has created a new market for both customers and business firms, the