Electrical Connections

Electrical Connections

1. The amount of trading carried out electronically has grown dramatically due to the Internet. A wide variety of commerce is conducted in this way, stimulating the creation and utilization of innovations such as electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange, inventory management systems and automated data collection systems.

2. Most of electronic commerce consists of the purchase and sale of products or services between people and companies, however a considerable percentage of electronic commerce consists of the acquisition of virtual items (mostly software and derivatives), such as access to "premium" content from a website.

3. In e-commerce contracts, the provider has a strong duty of information, which includes all the data necessary to correctly use the electronic means used for the purchase, the data necessary to understand the risks of contracting by that electronic means and who assumes these risks, as well as the information on the right to cancel the purchase contract.

4. Advantage: -Improvements in the distribution. -Commercial communications electronically. -Operational benefits. -Easy to retain customers.