What is the legal framework of traditional and online business?

Asked on 12.12.2018 in All Questions,   Business.
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(Top Tutor) Studyfaq Tutor
A commercial legal framework must be in place to facilitate, recognise and accomplish electronic transactions all over the world, for e-commerce to grow. Commonly, the geographic location of the parties in the lawsuit determines the jurisdiction in a legal system attached. The traditional belief of jurisdiction is focused densely on the whereabouts of transaction involved in the dispute, to decide on the correct jurisdiction to adjudicate the dispute. Nevertheless, since internet transaction is carried out through the...
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