Internet
Business & E-Commerce Law
Electronic
Business development and E-Commerce can be exciting and rewarding.
Unfortunately, many e-business owners ignore the many legal traps of
Internet business. Simply because electronic commerce is relatively new
does not mean fundamental commercial and business laws can be ignored.
Unlimited
Liability
Even
a "simple" web commerce business, MLM, or commercial web site is a
business. As a business, the laws of the jurisdictions where the
transactions are located will govern the rights and responsibilities of
the owner and customer. Unless the business is organized as a Limited
Liability Company or Corporation, the owner's personal assets will be
subject to the liability of the business.
Check our new Choice of Business Entity
Determinator !http://www..com/choice.html
Know
your
Business
E-business
is an exciting adventure. Proper legal, tax and business advice is
fundamental in establishing any business. The best professional advice
is especially needed for Internet businesses potentially subject to the
taxes and laws of the world! You advisors must understand your business
then combine legal advice and business savvy to help your E-Commerce
business grow and thrive.
Areas
of
Concern
In
addition to the normal business requirements, certain areas are subject
to increased exposure:
- Selling
products or advertising on line requires specific documents and order
forms for Internet trading.
- The
terms of service must be established.
- Payment
terms can be particularly tricky - especially when there are Charge
backs for credit card orders.
- Disclaimers
must be carefully designed to protect sites that publish articles or
provide advice.
- Resolving
the legal and regulatory ethics rules and controls for professionals is
an increased burden.