Page 124 - DCAP306_DCAP511_E-COMMERCE_AND_E-BUSINESS

Unit 9: Legal Issues - I

9.4 Summary

• E-Commerce is based on the data available on the Internet where the involved parties can send or
receive data.
• Electronic documents have many advantages over paper documents like reducing paper storage
space, and saving of time.
• Electronic documents have many disadvantages like data theft, data corruption, and editing.
• Companies doing e-commerce will have to take steps to secure the data from computer hackers
who might sabotage the confidential data of the company.
• Copyright law in e-commerce helps to protect the economic interests of the writers.

• Enforceable Online Contracts help to build confidence in the traders.
9.5 Keywords

Breach: It is the act of breaking laws, rules, contracts, or promises.
Emblem: An emblem is a pictorial image, abstract or representational, that gives a typical example of a
concept or represents a person.
Hackers: A hacker is someone who tries to break into computer systems.
Lanhan Act: It defines the statutory and common law boundaries for trademarks and services.

9.6 Self Assessment
1. State whether the following statements are true or false:
(a) E-Commerce does not depend on the data and information on computer and the Internet.
(b) VPN stands for Virtual Private Network.
(c) Lost opportunity to delight customers is one of the risks of electronic documents.

(d) There are three grounds for the infringement of trademarks using domain names.
2. Fill in the blanks:
(a) ____________________ domain is used by commercial entities to identify them in the
cyberspace.
(b) _____________________ storage is usually less costly than paper storage.

3. Select a suitable choice for every question:
(a) What is the risk of paper documents?
(i) Data theft
(ii) Communication gaps
(iii) Data corruption
(iv) Editing

9.7 Review Questions
1. “E-Commerce system offers the same level of reliability as that of the paper world.” Discuss.
2. “Electronic storage is usually less costly than paper storage.” Justify.
3. “Paper documents pose a lot of problems in business.” Explain.

4. “E-Commerce system should offer at least the same level of reliability as that of paper world.”
Justify.
5. “When compared to paper documents, electronic documents have more disadvantages.” Explain.

LOVELY PROFESSIONAL UNIVERSITY 117