Business Law E-business paper Essay Example | Topics and Well Written Essays - 750 words

Business Law E-business paper - Essay Example e of your company carries content that can be labeled as defamatory or displays links of other websites that are carrying defamatory material then in that case you could be held and sued for defamation by the aggrieved party. The local reference will be taken while deciding if the material is defamatory or not. To minimize the risk of defamation one should always incorporate disclaimers in their web site stating that the company is not responsible for the actions of third parties. Disclaimers are especially important for those e-companies that have open discussion boards, blogging sites and accept material from third party and publish it on their web site. Although it is not a hundred percent solution as the aggrieved party can still sue if you have not taken sufficient steps to remove the defamatory content from your web site when it came to your knowledge. In addition to that in the terms and conditions part of the web site it should be clearly stated that if anyone indulges in a s ort of conduct that brings disrepute to the company and the resultant damage, then the person whose actions led to that condition will have to indemnify the company. An e-business company while conducting business collects private information about individuals and its patrons. It sometimes contains sensitive information like credit card numbers, debit card numbers, bank a/c numbers and social security numbers etc. This information should not be published and distributed in the public domain and should not be distributed to other companies for commercial gains. The aggrieved party in that case sues the e-business company for damages. The possible solution to this issue is just that one should be extra careful in preserving the personal information of its customers and even if under a certain circumstance it has to disseminate it then it should first seek the consent of the party. The E-Business company will be taxed according the taxation laws of the country where it is registered.