By Faye Fangfei Wang
The exponential progress of digital utilization in worldwide advertisement transactions has generated power possibilities in productiveness, facilitated the cross-border unfastened circulation of products and repair, and encouraged export and import alternate in addition to household sale, yet whilst, it has ended in new demanding situations to current legislation as a result certain features and complexities of on-line know-how, tradition and social behaviours. This e-book compares the legislative frameworks of e-commerce within the ecu, US, China and overseas firms. It highlights and analyses the most felony hindrances to the institution of belief and self belief in doing company on-line. It offers an in-depth learn into discovering recommendations to take away the boundaries to the validity of digital contracts and signatures, the enforceability of knowledge privateness defense, the choice of web jurisdiction and selection of legislation, in addition to the promoting of on-line dispute solution. It encourages modernisation and harmonisation of legislation referring to digital advertisement transactions via well-balanced area-specific foreign tools. legislation of digital advertisement Transactions could be of serious curiosity to lecturers, legislative corporations, practitioners and legal professionals within the box of overseas trade.
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Extra resources for Law of electronic commercial transactions : contemporary issues in the EU, US, and China
13 The new Contract Law of China (CLC)14 implements several changes in contract formation rules. 3 The online contracting parties: who is contracting online? In the scenario, who are the contracting parties? Are they seller A, buyer B or buyer B’s computer? There is no provision governing this substantive issue under the UN Convention. 19 Buyer B’s computer cannot be regarded as a contracting party because it can’t be considered a natural or legal person. The UN Convention does not directly have a ruling to contracting parties except for Article 4 referring to parties as ‘originators and addressees’.
What law is applicable to electronic contracts? How can disputes referring to electronic contracting be resolved and how can the decisions of online dispute resolution be enforced? How can one build an infrastructure for trusted e-commerce, and thereby build trust among e-commerce customers? According to the above issues, the book starts the discussion with electronic contracting. It is one of the most challenging and important subjects in electronic commerce, because legal certainty is the basis of building trust in doing business online.
In order to encourage electronic commerce, eﬀorts to reform or establish international commercial laws may be needed to make them suitable to diﬀerent cultures, economies and policies, comprehensive and practical to enable safe cross-border trading, suﬃciently open to the upgrading technology innovations, and manageable in order to build up e-trust and e-conﬁdence. In analysing and evaluating these matters this book focuses on the common legal issues in B2B and B2C electronic commercial transactions, surveys the comparative electronic commerce statistics, and compares the legislative frameworks in the EU, US, China and international organisations in general.
Law of electronic commercial transactions : contemporary issues in the EU, US, and China by Faye Fangfei Wang