TERM 1
Why are legal ethical and tax issues
important?
DEFINITION 1
1) e commerce is about international business (and laws)-
potential for collusion2) e commerce facilitates strategic
alliances (SRM)3) e commerce facilitates customer
interactions (CRM)4) e commerce promotes online C2C (P2P)
sharing5)e commerce can lead to rapid reactions from
customers- things can go viral quickly. You are responsible
TERM 2
***What are some of the potential legal
issues/concerns with e-commerce ***
DEFINITION 2
Jurisdiction- who has power over the contract?
CultureCustomsLawsEthics
TERM 3
*** 4 Step process for geographic vs legal
boundaries***
DEFINITION 3
Power (control over physic al space, people and objects in that
space)
Effects (impact vs. distance) th e impact of a person's
behaviour.Laws based on traditional e ffects based measures does
not work well for ebusiness
Legitimacy (not my law) t he idea that those subject to laws
should have some role in formulating them. Online businesses face
a variety of regulations
Notice (when did it change - cant plead ignorance) expression
of a change in rules. easy for physical boundaries but not online
TERM 4
***Specify on your website which laws you
will be following?***
DEFINITION 4
Contractual Jurisdiction-International Commerce- judicial
comity, governed by treatiesContractual Enforcements-
terms of service, written contract,Taxation- income taxes on
money earned, transaction taxes
TERM 5
***how long can Canadians stay in US without
filing taxes?***
DEFINITION 5
6 months or less
