This addresses Internet transactions involving contracts.
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What are some special issues that arise in Internet transactions involving contracts as compared to traditional transactions involving contracts? What should business managers do to protect their organizations in Internet transactions?
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Solution Summary
The solution provides a detailed discussion examining Internet transactions involving contracts, and how they differ from traditional contracts. Also discusses are ways that a business manager can protect their organizations in Internet transactions.
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When a company is dealing with internet transactions involving contracts instead of traditional transactions, one of the biggest issues is that anyone, anywhere in the world can enter into a contract with the company, in general. This becomes problematic when one party does not fulfill their end of the agreement with the other parties involved. The enforceability of contracts formed over the internet has been and will continue to be a problem because 1) ...
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