The Prevalence of E-Commerce

The Prevalence of E-Commerce

Introduction

The most common and traditional way to purchase goods for us is go to

the high street stores where we pick up the goods what we like, pay

for the prices at the check-out desk. However, the way has changed; 21

century is the world with E-commerce. People can no longer go to

stores instead of buying all products at home over the internet. We

can’t ignore the benefits of e-commerce. For consumers, e-commerce is

great as everyone likes the ease and convenience of shopping online.

For businesses, e-commerce is also great managing suppliers and

conducting business transactions over the Web saves time and money.

Without doubt, e-commerce provides huge convenience for not only

consumers, but also the business. Notwithstanding online goods selling

makes for consumers a speed, simplicity and variety of goods on offer,

for the sellers a ready-made, instant audience that secures them the

best price,[1] it involves huge risks. Many buyers complained of

sellers’ performance for late shipments, no shipments, or shipments of

the goods which are not the same quality or description as advertised,

insecurity of payment by credit or direct card, etc[2]. As a result,

in order to protect consumer’s extra rights relating to buying goods

online and regulate online business, some directives or regulations

came into force in the UK.

EBay as a world’s marketplace enables trade on a local, national and

international basis. Everyday, a lot of buyers bidding and buying

goods via eBay online platform, as well as millions of items traded

through eBay. It developed an internet-based community where buyers

and se...

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...ontract’ is defined in regulation 3 that any contract

concerning goods or services concluded between a supplier and a

consumer under an organised distance sales or service provision scheme

run by the supplier who, for the purpose of the contract, makes

exclusive use of one or more means of distance communication up to and

including the moment at which the contract is concluded;

[22] www.dti.gov.uk

[23] Regulation 14

[24] Regulation 15

[25] UK SI 2002/2013

[26] Regulations 9(1)-(3)

[27] Lyttges v Sherwood(1895) 11 T.L.R.233

[28] www.dti.gov.uk

[29] Section 12(b) and (c) refers to a restricted-use credit agreement

to finance a transaction between the debtor and the supplier, and a

unrestricted-use credit agreement made by creditor and other

person(the supplier)

[30] Regulations 21(5)