LAW 1509 Lecture Notes - Lecture 10: Cryptocurrency, Bitcoin, Block Chain
29 Jun 2018
School
Department
Course
Professor
COMMERCIAL TRANSACTIONS LECTURE E-COMMERCE
2016 77% population used smartphones compared 81% population use
smartphones 2018, 35% account for online sales
1990 internet invented
3.9 billion internet users world wide
Benefits of the internet including facilitation of government services and allow
public to influence the economy through social networks
Impact- Information Economy Report statistics showing impact of digital economy
162% global e-commerce increase since 2012
Regulation of the internet through E-Commerce problematic
Electronic Transactions Act 1999 (Cth)
State and Territory legislation Electronic Communications Act 2000 (S.A)
ETA s8 relevance and s5 relevance
Is electronic signing the same as pen and paper signing- regarded as synonymous
Ebay International AG v Creative Festival Entertainment (2006) 170 FCR 450
Invitation to treat distinction s15B ETA
You can make a contract with a computer and a computer can make a contract that
binds you without your consent, refuted in the U.K but valid in Australia.
s15D Commonwealth Act s14 state- if you make all efforts to amend error i.e.
immediately communicating with the party that there has been an error you can
amend it but it is more difficult than a written contract
Challenges- Access, Implications for Business and Purchasing items
Digital Divide between demographics such as the elderly
Impacting the way consumers interact with business
Influence of technology on the workforce
1
Melissa Sparrow (a1668063)
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
2016 77% population used smartphones compared 81% population use smartphones 2018, 35% account for online sales. Benefits of the internet including facilitation of government services and allow public to influence the economy through social networks. Impact- information economy report statistics showing impact of digital economy. Regulation of the internet through e-commerce problematic. State and territory legislation electronic communications act 2000 (s. a) Is electronic signing the same as pen and paper signing- regarded as synonymous. Ebay international ag v creative festival entertainment (2006) 170 fcr 450. Challenges- access, implications for business and purchasing items. Digital divide between demographics such as the elderly. Several billion electronic transactions in australia per year. Shrinkwrap contracts- most relevant to software e. g. american software companies included terms and conditions inside the box saying that when you open the box you have agreed to abide by the terms and conditions (problematic) No australian case law on shrinkwrap contracts therefore have to rely on american case law.
