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Showing posts with the label E-COMMERCE

LEGAL RISKS IN E-COMMERCE DEALINGS

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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...

THE PROTECTION OF PERSONAL INFORMATION IN E-COMMERCE DEALINGS

1.0               Compliance with data protection and privacy law is at its core about a company being able to justify its use of personal data, controlling the use of that data, and updating and discarding the data when required. 2.0               Above all, the key is to take, and be seen to be taking, privacy and data compliance seriously. 3.0               If management can achieve that objective, then the company should be able to maneuver through the data protection legal minefield unscathed . [1]   4.0               It is important to understand that, whatever data concerning the E-Customers is collected and however it is used, the laws governing data protection must be considered. 5.0      ...

THE DATA PROTECTION LEGAL FRAMEWORK AND ITS IMPLICATION FOR E-COMMERCE

1.0         Data protection laws are bound to become a major source of contention in the push to increase international commerce especially the E-Commerce because of the globalization of markets and increased use of the Internet. 2.0          In fact, these laws have already created tension: those who wish to utilize the ‘boundary free’ nature of the Internet are realizing that data protection laws create de facto boundaries that can be just as effective physical borders. 3.0          Information privacy is an important national concern as each country tries to bolster confidence in E-Commerce by providing data protection that it citizens want, without creating excessive regulatory compliance costs. 4.0         Information privacy concerns arose long before the Internet, however, and have been the subject of policies and regulations th...
THE PROCESSING OF PERSONAL INFORMATION IN THE E-COMMERCE ENVIRONMENT 1.0               The cyberspace intensive environment and flourishing of E-Commerce have created opportunities as well as posed new treats to the way we manage and share information about us.   2.0               Individuals’ personal data, for example, on an individual’s financial and credit card records could easily be obtained, accessed, transferred, and illegally used by unauthorized persons . [1] 3.0                 Furthermore, c ompanies can now easily gather, analyze and market customer data throughout the world. 4.0               Multinational sourcing of data-based tasks is one of the practices that have become widespread as a result of the...