Like in other countries, e-commerce boomed in the U.S. with the emerging of the Internet in the late 1990s. By 2013, the e-commerce sales have reached over 2 trillion dollars, which was 5.8 percent of the entire sales as of the year, and nearly 200 million people in the country shop online on a regular basis. In order to encourage the development of e-commerce, the U.S. government takes a hands-off, minimalist approach to regulate the e-commerce market. As early as 1997, the White House under the Clinton Administration published the “Framework for Global Electronic Commerce”. The Framework set the principles for government in e-commerce as the Framework stating “the private sector should lead”, “government should avoid undue restrictions electronic commerce”, and “where governmental involvement is needed, its aim should be to support and enforce a predictable, minimalist, consistent and simple legal environment for commerce”. As a result, the e-commerce market mostly follows the traditional commercial code and consumer protection law with terms applied to e-commerce. In 1999, The Uniform Law Commissioners enacted the Uniform Electronic Transactions Act (UETA), and it is the first comprehensive effort to prepare state law for the electronic commerce era. The Act …show more content…
Although not all sales are covered by this rules, the FTC does provide solutions to consumers on asking for a refund, and talking to the businesses directly is one of the most effective ways to do so. Thirteen states in the U.S. mandate refund policy by law, and most businesses provide return and refund option as a business norm to provide customer service. However, if consumers cannot get refund from the businesses, they can file claims to related government agency and get
A credit transaction is when a consumer purchases a good or service and pays in the future. The use of a credit card can be useful as it is convenient, saving time and trouble. However, due to the extensive use of credit cards in Australia, legal issues has arisen such as the inability for consumers to repay their debts, unfair contract terms and inadequate procedures of credit providers. Prior to 1996, the Credit Act 1984 (NSW) was introduced as the only piece of legislation that regulated customer credit. However, because it only offered protection for less than 20% of consumers, the Consumer Credit Code was established in 1996 under the Consumer Credit (NSW) Act 1995 (NSW). This code is a set of uniform national rules about consumer credit transactions and has been adopted by all governments throu...
Chet Craig is the Central Plant Manager of the Norris Company. He started as an expediter in the company's eastern plant and was quickly promoted to Production Supervisor in three years. After two years, he was promoted to Assistant to the Manager of the Eastern Plant. Five years later, Chet was transferred to the central plant as an Assistant, and after one month, was promoted to his current position.
There are many laws in place by the United States government to protect consumers. This term paper will examine one law in particular, The Electronic Communications Privacy Act (ECPA) of 1986. “The ECPA applies to both government and private entities, but appears to be more restrictive concerning government interception and access.” [1] The ECPA was put in place to protect individual’s electronic communication rights from being violated. Without a law of this type, our on-line world would be a welcome mat for anyone who wanted to invade our lives.
According to Congressional Digest, electronic commerce has enjoyed unfair advantage for many years by not having to acquire some taxes. The government is mainly responsible for this one-sided playing field toward online sellers. Many authorities believe that the Internet is essential to high productivity and economic growth and that preservation of the Internet potential is important. Indeed, president Bill Clinton signed the Internet Tax Freedom Act law in 1998 to prohibit any Internet access taxing – extended by succeeding presidents ever since.
The future of economic competitiveness for most enterprises relies on entrance and active participation in the e-commerce market. An essential problem with e-commerce is that the controls and organization are different for each site. There is no standard way of building t...
Fast forward to the end of 2013: with Chinese internet users quickly approaching 600 million, China is on pace to pass the US and become the largest e-commerce market in the world.
1. If Amy follows through with her plan and opens up the restaurant on her own, the type of business she is operating calls Sole Proprietorship.
The Internet began in 1969 as a project “ARPANET” funded by the U.S. Government, since then the use of the Internet has exploded. The number of users who use the Internet has rapidly grown from 738 million in 2000 to 3.2 billion users according to a new report from the International Telecommunication Union. The Internet is constantly expanding and evolving and the use of government regulation on the internet has become a big issue. Censorship of the Internet has be suggested to prevent many things such as pornography, hateful speech, and instructions to make bombs. Censorship of this content has be justified to lead to the greater good, even if consumers are limited to the information they can find or put on the internet. The internet it a
Online monetization and E-commerce have grown while internet was growing. E-commerce is any activity that includes profits and/or money transfer, and online monetization is the trend that seeking money and profits becomes more and more popular online. In 2012, United States made $40 billion online revenue (Salazar). According to the Pew Internet & American Life Project, 66 percent of the adults online have purchased something over the Internet. This includes searching, contents viewing, social graphing, transactions, communication, and app purchasing. E-commerce has gradually been developed with its own market division. It has its own seeking profit programs and money flow cycle.
The primarily thing really think of when they understand Internet Taxation like arguments like sales tax. Nevertheless, it really is greatly more complex than just an easy tax on goods sold. Numerous officials have thought that the sales tax laws are harmful to certain economics, perplexing to citizens & tourists similar, invalid & usually abundant and too firm to understand, but they weren’t certain of anything an internet tax wanted to do or aid on this matter. To improve the problem & response these striking inquiries the Internet Tax Freedom Act approved in 1998 generated what has developed to be recognized as the commercial activity commission, which was previously recognized as the Advisory Commission on Electronic Commerce. The Committee was thought to strike many issues that the policy-makers had inquired to report. These problems involved such ideas as: whether the current state and local sales and use tax system is well-matched with an electronic environment; if this environment have to be taxed, seeing the struggle...
E-commerce has attracted many businesses because of its ability to make them more efficient. It eliminates the hassle of manually monitoring the requests and orders of customers over the telephone, thereby freeing employees to engage in other tasks. Through websites, a local or nationwide business operation has a potential global customer base that spans every country connected to the Internet. The Internet removes many of the geographical limitations that stymied businesses before, giving them the potential to act on a global scale.
It is the era of online business. Now a day online business has become the better way to achieve larger sales. For providing an excellent online platform, many frameworks are evolved. These frameworks are originated to give the best look to the website and to enhance the functionality of the site. Among all frameworks Magento and is trusted globally because of its extensive benefits. So for having a website with an excellent look and feel it’s better to select a suitable Magento development company.
Mobile phones are long range, portable and wireless electronic device of communication. It is a part of introduction of new technology are influence the most of the restaurant business. The term “m- Commerce” stands for mobile commerce. It is the buying and selling of goods and services through portable devices such as cellular phone, personal digital assistance (PDA), smart phone and any other handheld devices rather than desktop or laptop computer. M-Commerce is a new channel or medium for commerce, presents unique feature such as ubiquity, personalization, flexibility and localization which are not available in traditional e-commerce, therefore has an opportunities for diverse functionalities and applications by providing customers with
E-commerce has grown significantly over the past years, it has helped small businesses to expand and create new businesses mush easier and faster than before, it also has changed the way they deal with customers and helped the growth of the economy, and more and more businesses are doing their business over the web, all of that shows how important EC is in many aspects and how it will continue emerging between businesses.
E-commerce is the buying and selling of goods and services using the internet. It is facilitated through online shopping, online marketplaces, or electronic data exchange. It can also be described as a market where buyers and sellers transact via internet and payment is made through E-credit. Although traditional business is also present and highly used in the world, the e-commerce is rapidly becoming popular forcing traditional business to go online.