International Business Law: E-business
- Background
- International laws on validity and breach of ecommerce
- Formation and validity of e-contracts
- Breach of contract
- Breach of contract by seller
- Breach of contract by buyer
- Viewpoints
- Solutions
With the advent of information technology and particularly the Internet, the context of international trade and commerce has been greatly transformed. The businesses that have conventionally been conducted through a classical approach are being carried out electronically today. This revolution has been broadly termed as e-commerce and e-business. Along with all the facilities and conveniences that the ecommerce brings to businesses as well as the consumers, it also precipitates several problems for both the parties. It is a fact that e-commerce has successfully removed geographical impediments and limitations to buying and selling. However, due to the same reason, there lies considerable confusions and misunderstanding pertaining to the laws and regulations to be followed in the course of international trade via the Internet.
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