1. Chapter 14 Online Commerce and E-Contracts
PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 5E, by Henry R. Cheeseman
Chapter 14
Online Commerce and
E-Contracts
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2. E-Commerce and the Internet
The sale of goods and services by computer over the Internet
Internet
A collection of millions of computers that provide a network of electronic connections between computers
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3. World Wide Web
An electronic connection of millions of computers that support a standard set of rules for the exchange of information
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4. Electronic Mail
Electronic written communication between individuals and businesses using computers connected to the Internet
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5. Domain Name
A unique name that identifies an individual’s or company’s Web site, such as
Domain names can be registered.
Anticybersquatting Consumer Protection Act helps protect owners of trademarks from “cybersquatting.”
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6. E-Contracts
A web contract is valid and enforceable if all the elements necessary to establish a contract are present.
Electronic Signature in Global and National Commerce Act (E-Sign Act)
Recognizes e-contracts as “written”
Recognizes electronic signatures
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7. E-Licensing Uniform Computer Information Transactions Act (UCITA)
A model act issued by the National Conference of Commissioners on Uniform State Laws
Establishes a uniform and comprehensive set of rules that regulate the creation, performance, and enforcement of computer information transactions.
States must adopt UCITA for it to become law.
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8. Licenses
Licenses are contracts that transfer limited rights in intellectual property and informational rights.
Licensor
The owner of intellectual property or informational rights who transfers rights in the property or information to the licensee
Licensee
The party who is given limited rights in or access to intellectual property or informational rights owned by the licensor
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9. UCITA Provisions Breach of licensing agreement Remedies
Cancellation for material breach
Licensor’s damages
Right to cure breach in certain circumstances
Licensee’s damages
Limitation of remedies
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