Electronic Transactions Reforms

The purpose of this essay is to inform readers about the challenges faced by orderliness with regards to applied science. This is achieved through the means of assessing whether the reforms to the electronic Trans practiceions defend 1999 (Cth), has benefited nine in any way. The paper also summarises the arguments for and against a bad-tempered reform in the Electronic proceedings Amendment broadsheet 2011, which was to purportedly clarify when an offer is considered as an invitation to treat. It is a known point that technology plays an ever-changing role in society. though technology has vastly improved the quality of life in more aspects, it has also created a number of challenges in which society must face on a repair basis. With regards to e-commerce, in particular, electronic contract (e-contract) formation, there is a somewhat vagueness as to how electronic juristic proceeding and communications (in relation to Australias economy) ar regulated. This is where the Electronic Transactions Act 1999 (Cth) (ETA) takes place, it retains two distinct principles: in operation(p) equivalence, whereby both paper documents and electronic transactions are set equally by the law, as well as technology science neutrality, which ensures that the law does non discriminate surrounded by incompatible forms of technology.

As a result the Act not notwithstanding promotes the use of e-commerce, but also enforces a legal frame which sets Australia to be consistent with international standards, thus allowing for electronic transactions to be valid and lawful ways to do business. Howe ver, having an act formed in 1999 is not suf! ficed to neither deal nor backup up with continuous technological advancements; therefore several(prenominal) reforms affirm taken place to improve the ETA through the Electronic Transactions Amendment Bill 2011 (ETAB). Though already benefiting modern society, running(prenominal) and regular reforms to the Act will become essential as spacious as technology continues to evolve. This in fact becomes iodine of the biggest...If you call for to get a full essay, order it on our website: OrderCustomPaper.com

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