I n electronic commerce, commonly known as e-commerce, there are several legal risks that businesses and consumers need to be aware of: 1. Contractual Issues: E-commerce transactions rely on contracts, which may be subject to various legal issues such as contract formation, offer and acceptance, terms and conditions, and enforceability. It is important to ensure that online contracts are properly drafted, clear, and legally binding. 2. Intellectual Property Infringement: E-commerce platforms often involve the sale or distribution of digital content, products, and services. There is a risk of infringing on intellectual property rights, such as copyrights, trademarks, and patents. Businesses need to be cautious and respect the intellectual property rights of others. 3. Privacy and Data Protection: E-commerce involves the collection, storage, and use of personal data. Businesses must comply with applicable data protection and privacy laws to safeguard customer information. This includes o...
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