Question

In: Economics

In this assignment you’ll examine the legal protections for e-commerce. From the readings or from your...

In this assignment you’ll examine the legal protections for e-commerce. From the readings or from your own research, choose three U.S. laws that regulate the use of the internet for commercial purposes. You can choose laws that protect the consumer, the provider, or both. In your discussion, also include the issue of jurisdiction when conducting e-commerce transactions. Provide an overview of each law and what it’s meant to prevent or protect. Based on what you’ve learned so far in the course, propose at least two legal or technological solutions that might enhance the transaction of business via the internet.

Solutions

Expert Solution

E-COMMERCE { ELECTRONIC COMMERCE}

E-commerce or electronic commerce means the buying and selling of the goods through the platform of the internet. That's why it is also known as electronic commerce or the internet commerce. This has achieved a great platform in the minds of people and the thing which has got universal acceptance, even in the developing nations. Usually the platform plays a significant role in between the customer and the business (eg: company).

It is already mentioned that it has attained a hefty acquiescence of the e-commerce platform especially in the recent years, the problem on the other side is that it has created many instances in which either the customer or the company had been cheated, so to ensure the decency there must lay some rules and regulations to control to such platforms.

IMPORTANCE OF E-COMMERCE

In todays progressing world the whole market is available in our hands, the mobile phones or laptops in our hand can regulate all this activities. The online shopping, the bank transfer and everything is available with our gadgets. We can also perform social services and online actions through e-commerce.

It is clear that a variety of actions are possible through the e-commerce, and also it makes a risk to these platform, because the means of conducting mal practices, scam and other fraud activities is also possible at very elevated in number. So to ensure the safety, there exists many laws in U.S .

LAWS IN USA

1} COMPUTER FRAUD AND ABUSE ACT 1986

The Congress feel lack of laws which punishes the those who commit offense related to the cyber crimes in the year 1980, and this lead to the formation Of this act in 1986. And by the development and enhancement in the cyber system and e-commerce the law had amended many times to ensure the safety and to avoid the theft or hacking of the cyber related crimes which flourished in the recent times and had put new dimensions in every day.

2} CAN- SPAM ACT 2003

The CAN-SPAM act denotes the Controlling the Assault of Non-Solicited Pornography and Marketing Act. The law has made mainly focused on the development of federal e-commerce consumer protectin laws, which in past period mainly concentrated on the telephonic calls and fax machine.

3} ROSCA 2010

The ROSCA, which denote for the Restore Online Shoppers’ Confidence Act,the act mainly focuses over the data pass of the customer. Actually the consumer book for a product directly through this platform and and which in other turn give access to a third party in the form of supply and they are easily accessible to the personal informations and they can sell this data. But this act give protection to consumers.


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