TAILIEUCHUNG - Lecture Fundamentals of business law (6/e): Chapter 26 - Margaret Barron

Chapter 26 - E-Commerce law. In this chapter you should understand: the term ‘e-commerce’, the description of an electronic signature and the way to distinguish it from a digital signature, the implications of the emergence of e-commerce for the law of contract,. | This is the prescribed textbook for your course. Available NOW at your campus bookstore! 26- Copyright © 2000 McGraw-Hill AustraliaCopyright 2009 McGraw-Hill Australia Pty Ltd PPTs t/a Fundamentals of Business Law 6e E-commerce Law Chapter 26 26- Introduction E-commerce is characterised by several attributes: It is about the exchange of digitised information between parties. It is technology enabled and mediated. It includes intra- and inter-organisational activities that support the exchange of digitised information. 26- Copyright © 2000 McGraw-Hill AustraliaCopyright 2009 McGraw-Hill Australia Pty Ltd PPTs t/a Fundamentals of Business Law 6e E-commerce and Contract Law E-commerce legislation aims to promote business and community confidence in the use of electronic transactions by ensuring the law treats electronic commerce and paper-based commerce equally. The Electronic Transactions Act 1999: removes legal impediments that may prevent a person using electronic communications to satisfy legal obligations under Commonwealth law. recognises an electronic signature. 26- Copyright © 2000 McGraw-Hill AustraliaCopyright 2009 McGraw-Hill Australia Pty Ltd PPTs t/a Fundamentals of Business Law 6e Australian Business Number Digital Signature Certificates Developed by the Australian government. A digital certificate linked to an entity’s Australian Business Number. Accepted by Commonwealth agencies as identification for online transactions. 26- Copyright © 2000 McGraw-Hill AustraliaCopyright 2009 McGraw-Hill Australia Pty Ltd PPTs t/a Fundamentals of Business Law 6e Making Contracts Electronically Many contracts are entered into by parties who never meet face to face. It is now common for people to purchase goods through the internet. For a contract to exist, the following elements are essential: Intention to create legal relations. Offer and acceptance. Form and/or consideration. Capacity to contract. Reality of consent. Terms of a .

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