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Contract Law for Users of E-Commerc

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Added on  2019-09-23

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8 Business And Corporate Law Running Head: Business And Corporate Law BUSINESS AND CORPORATE LAW Part A: Contract law question 3 Issue 3 Rule 4 Application 4 Conclusion 6 Reference List 7 Part B: Corporations Law question 8 Issue 8 Rule 9 Application 9 Conclusion 11 Reference List 12 Part A: Contract law question Question: What sort of problems may arise in contract law for users of e-commerce? In addition to that, due to rise of awareness of online business, the legislation authority or jurisdiction face

Contract Law for Users of E-Commerc

   Added on 2019-09-23

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Running Head: Business And Corporate LawBUSINESS AND CORPORATE LAW
Contract Law for Users of E-Commerc_1
2Business And Corporate LawTable of ContentsPart A: Contract law question..........................................................................................................3Issue.............................................................................................................................................3Rule..............................................................................................................................................4Application...................................................................................................................................4Conclusion...................................................................................................................................6Reference List..............................................................................................................................7Part B: Corporations Law question..................................................................................................8Issue.............................................................................................................................................8Rule..............................................................................................................................................9Application...................................................................................................................................9Conclusion.................................................................................................................................11Reference List............................................................................................................................12
Contract Law for Users of E-Commerc_2
3Business And Corporate LawPart A: Contract law questionQuestion:What sort of problems may arise in contract law for users of e-commerce? DiscussIssueDue to the increment of digital communication technology, the modern businesses are shifting towards achieving the wide opportunity of online business. Hence, a huge number of customers are developing relationship with these businesses and ecommerce businesses are become popularin recent days. In such context, issues related to online transactions are governed by the contract law. Under the governance of this Contract law, all the e-commerce businesses need to develop legal agreement and privacy policy to keep the consumer’s credential confidential1. The consumers need to agree with the contract agreement by clicking in the checkbox. However, in digital transaction, the customers are facing several issues related to offer of acceptance, enforceability, e commerce jurisdiction and globalisation of business. Due to virtual transaction between two parties through internet, the main issue in e commerce transaction is the misleading another party by breaching the contract with unlawful activity. In addition to that, due to rise of online business, the legislation authority or jurisdiction face several challenges to apply the legal power to enforce the contract law on every online transaction. Moreover, globalisation of the e commerce business may lead the legal contract between both the parties to be breached2. 1Cuniberti, G. (2016). The Laws of Asian International Business Transactions.Pac. Rim L. & Pol'y J.,25, 35. Retrieved on 22 April 2019 from: https://digitalcommons.law.uw.edu/cgi/viewcontent.cgi?article=1720&context=wilj2Giancaspro, M. (2017). Is a ‘smart contract’really a smart idea? Insights from a legal perspective.Computer law &security review,33(6), 825-835. Retrieved on 22 April 2019 from: https://www.researchgate.net/profile/Mark_Giancaspro/publication/317354410_Is_a_%27smart_contract
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4Business And Corporate LawRuleIn order to develop a transparent relation between the business owners of the e commerce businesses and consumers the implication of Contract law seems helpful. With the implication ofElectronic Transactions Act 1999 (Cth), it can be possible to develop a transparent framework to maintain authenticity in electronic data exchange. Hence, this Electronic Transactions Act 1999 helps the customers as well as the e commerce business owners to develop an e-paper based transactional contract to maintain legal business relationship3. This mentioned Act provides a uniform legislative framework around Australia to maintain legal e-business contracts. The subsection s14(1) of this Electronic Transaction Act 1999 provides a legislation to maintain legalterms and conditions between the offeror and offeree in order to mitigate legal contract-related difficulties during online business process. Moreover, under the provision of this Act, e commerce businesses need to maintain a legal offer of acceptance by following the norms implemented by jurisdiction and legislation of the country4. The e commerce business authority needs to ensure that the provided offers have been accepted by the customers. However, it seems difficult to reserve the contract principles in case of online contract with the use of set of rules implemented for enforcing physical contracts between two or more parties. %27_really_a_smart_idea_Insights_from_a_legal_perspective/links/5c2d5891a6fdccfc707902d8/Is-a-smart-contract-really-a-smart-idea-Insights-from-a-legal-perspective.pdf3 Accc.gov.au, 2019. Contract and agreements. Retrieved on 22 April 2019 from: https://www.accc.gov.au/consumers/contracts-agreements4 Australiancontractlaw.com, 2019. Contract law. Retrieved on 22 April 2019 from: https://www.australiancontractlaw.com/contractlaw.html
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