Define e-commerce. Discuss on the legal and ethical issues in electronic commerce

A Management Information System ICT Revision Questions and Answers

Answer
E-commerce is the use of the internet and the web to transact business. More formally, digitally enabled commercial transactions between and among organization and individuals.
E-commerce is more than just buying, selling products online. It encompasses the entire online process of developing, marketing, selling, delivering, servicing and paying for goods or services transacted on internetworked, global marketplace of customers with the support of a worldwide network of business partner.
Major legal and ethical issues in e-commerce are
• Privacy
• Intellectual property
• Free speech
• Taxation
• Computer crimes
• Consumer protection
• Electronic contracts
• Online gambling
• Validity of electronic documents
• Time and date on documents across borders
• Which country has jurisdiction over E-commerce transaction?
• Can website link to another without permission? Example Ticket master Vs Microsoft,



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