Impact and Adaptation of E-commerce Legal Systems

Author: Wang Liming, Editor-in-Chief
Publisher:
Publish Date: 2004-12-01
Features: Since the 1990s, e-commerce has emerged as a new force, experiencing rapid development worldwide and becoming a new growth point for the economy. The emergence and expansion of e-commerce is not merely a small step in the transformation of media forms in human business activities, but rather has triggered a broad and profound revolution in society and the legal field. On one hand, it challenges the rules of contract law. E-commerce does not merely change the medium of transactions from oral or written forms to electronic forms on the surface, but also fundamentally drives the evolution of transaction rules: from the making of offers and acceptances to the methods of contract performance, everything takes on a new look. On the other hand, e-commerce also promotes the development of economic laws such as tax law. From the establishment and operation of certification agencies to the issuance of online advertisements and the administration of bit taxes, unprecedented changes are taking place. From the selection of dispute resolution methods to the extraction of electronic evidence, and even online dispute resolution, everything seems to be becoming increasingly novel.