BUS 393 Chapter Notes - Chapter 10: Money Laundering, General Agreement On Tariffs And Trade, Arbitration Clause
11 May 2016
School
Department
Course
Professor
Document Summary
Chapter 10 readings: business and the internet (page 309) Electronic commerce facilitates the purchase and sale of goods and services at the retail level. All of these transactions normally involve third parties that facilitate the deals: example: paypal, ebay. A major problem is to determine what laws apply to internet and internet transactions usage not restricted to one country. Another major problem is determining where an action should be brought. A better approach is to allow a judicial action only where there is a close connection between the jurisdiction and the act complained of. Canada requires a real and close connection for action to be brought: jurisdiction will be declined if the court can be convinced that it would be more reasonable for some other jurisdiction to deal with the matter. Especially true where an action has already been started in that other jurisdiction.
