Abstract
In this chapter, I define the scope of electronic commerce law and discuss how law can evolve in response to rapid change in social and business practices. I summarize how commercial law has adapted to electronic sales of goods using EDI and Internet distribution systems, discuss the strengths and weaknesses from a legal perspective of a new technology-based model for electronic commerce - digital signatures and public key infrastructure - and compare that model with others for managing the legal risks of electronic sales of goods. I also summarize how changes in payment system technologies and bank practices have produced new laws governing electronic payment systems; and how financial markets have moved to electronic systems for transferring investment securities.
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© 2000 Springer-Verlag Berlin Heidelberg
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Winn, J.K. (2000). The Emerging Law of Electronic Commerce. In: Shaw, M., Blanning, R., Strader, T., Whinston, A. (eds) Handbook on Electronic Commerce. International Handbooks on Information Systems. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-58327-8_32
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DOI: https://doi.org/10.1007/978-3-642-58327-8_32
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-67344-6
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