Business Law /torts

Essay : Title : What are the possible write up and effectual issues of e-business in relation to in sound outectual property , privacy , ethical motive and security systemAccounting is defined as the language of business and it has something to with the preparation and recital of financial statement of business entities . Closely related accordingly is income taxation of said entities which require preparation of income statements . Accounting issues because on e-business would refer to all matters including those having to do with financial statements . Alberta efuturecentre 2005 , tell us about conviction wit and charge backs as followsCredit cards chiffonier be a convenient performer of accepting payment , but they whitethorn non be treated the same as m one and only(a)y up present . You should be aware that in many jurisdictions , the purchaser can deny the agreement and obligation unless the credit card is physically present at the time of sale . Of course , with e-commerce the card is not present , so chargebacks can be a problem . A chargeback results when a customer asks his or her credit card caller to reverse the charges on a purchaseFrom the accounting point of view , tangible business documents are requisite to support accounting transactions like checks and bank statements to commence proper reconciliations . The fluidity or speed with which transactions could count place locally and internationally because of the internet will genuinely have to require a flexible accounting intercession or standards to be able to make financial reports . furthermore traditional accounting waits financial reports to advice decisions makers on what to do with company s performance the previous year . But the present aim of technology in e-commerce could afford an online financial information which kindles if not necessitate swift decision makingOn the legal issues , Alberta efuturecentre , 2005 , talks of jurisdiction which refer to legal authority to hear and decide a business case .

With e-commerce , the localized jurisdiction would seem to agitate nations to enact or have treaties that would hasten the speed of recognition and redefinition of jurisdiction especially in transactions across devil or more nations done internationally . The question of what farming should take jurisdiction would force legal theorists to really enhance it availability to would be victim of business fraudsAs to ethical and security issues of e-business , Alberta efuturecentre mentions about Distribution and Pyramid Schemes . It admits of jet practice of multi-level market and distribution schemes online business . Alberta efuturecentre suggests that it is necessary to understand the legalities before speak with any plans in this area It cautions that many online distribution arrangements may in fact be illegal pyramid schemes and one really needs to obtain legal advice before shot up any such arrangement or score in into one . It leaves the following advice : If it sounds too good to be lawful , it usually is People in e-business could just be fraudulent as any ordinary cheater if one does not have the application of good business sense and common sense combined (Alberta efuturecentre , 2005As to intellectual property issues , Alberta efuturecentre , 2005 discusses the ones...If you want to get a full essay, order it on our website: Ordercustompaper.com

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