Analyzing Internet Contract Issues & Dispute Resolution for Great Buys

This report examines the internet-based contracting issues encountered by Great Buys, particularly concerning legal problems arising from its online contracts with individuals in various jurisdictions. The rapid conclusion of contracts, electronic signature challenges, offer and acceptance complexities, and jurisdictional conflicts are highlighted. The report discusses the requirements for performance and breach of online contracts, including the intention to create lawful relations, enforceability, and details regarding claims of interest. Various dispute resolution methods, such as negotiation, litigation, arbitration, expert appointments, and mediation, are explored to facilitate the settlement of differences. Recommendations for Great Buys include fostering closer collaboration between departments, advertising on other sites, creating unique online content, improving internet security, and adhering to proper online contract procedures. The report concludes that internet-based enterprises must enact online contracts to ensure the security of online transactions and that Great Buys should focus on changing its internal business processes to increase sales and maximize profit. The document is available on Desklib, a platform offering AI-based study tools and a wide range of solved assignments for students.

INTERNET BASED CONTRACTING ISSUES OF GREAT BUYS
 Internet based contracting creates legal problems
 Great Buys has internet based contracting issues as it
is made for individuals in particular jurisdictions
 Great Buys faced problem as internet based contract
concluded within seconds

 Great Buys faced issues regarding electronic
signatures
 Issues also occurred due to offer as well as
acceptance during electronic contract
formation procedure
 Great Buys faced problem relating to conflicts
of jurisdiction

REQUIREMENTS OF PERFORMANACE AND BREACHING
OF ONLINE CONTRACTS
 Intention of creating lawful relations
 Contract is required to be enforceable and have possibility of
performance
 The contract is needed to involve details regarding claims of
interest and breach of contract
 The contract is required to be enforceable by law

DEVELOPMENT OF ENFORCEABLE METHODS
FOR DISPUTE RESOLUTION
 Negotiation method can facilitate Great Buys to
settle down differences between them
 Great Buys should enforce litigation method for
resolving legal controversies
 Arbitration method can also help Great Buys listen
both sides and resolve disputes

Appointment of expert can help Great Buys to
make proper decision by conducting proper
investigation
Mediation method can facilitate Great Buys by
promoting reconciliation between the parties

RECOMMENDATION FOR GREAT BUYS FOR
IMPROVING INTERNAL BUSINESS
PROCEDURES
 Great Buys should require closer collaboration
between their departments
 Great Buys should make advertisements on other
sites for attracting large number of customers
 Great Buys should create proper content that is
unique to online activities

Great Buys should improve its internet
security for protecting consumer data
Great Buys should make online contracts by
following rules and procedures

CONCLUSION
 Internet based enterprise must enact online
contract in a way to provide security to online
transactions
 Great Buys should focus on changing its
internal business process for increasing sales
and maximizing profit

REFERENCES
 Mirrokni, V., & Nazerzadeh, H. (2017, April). Deals or no deals:
Contract design for online advertising. In Proceedings of the 26th
International Conference on World Wide Web (pp. 7-14).
International World Wide Web Conferences Steering Committee.
 Moringiello, J. M., & Reynolds, W. L. (2012). From Lord Coke to
Internet Privacy: The Past, Present, and Future of the Law of
Electronic Contracting. Md. L. Rev., 72, 452.
 Österle, H., Fleisch, E., & Alt, R. (2012). Business networking:
Shaping enterprise relationships on the Internet. Springer
Science & Business .
 Rutledge, P. (2012). Convergence and Divergence in International
Dispute Resolution. J. Disp. Resol., 49.