The B2B liability roadblock: there's not much protection out there
Article Abstract:
The exponential growth of business-to-business (B2B) electronic commerce is undisputable. Consultants estimate that up to $7 billion worth of Internet-based electronic B2B transactions will be conducted by 2003 or 2004. However, buyers ought to beware of the risk of acquiring defective or inferior goods over the Internet. There is no insurance to guard against the procurement of poor-quality goods. Furthermore, foreign vendors frequently operate in jurisdictions free from US judicial scrutiny. Many B2B exchanges require, in bold print, that users absorb all product-quality risks and related liability exposures.
Publication Name: World Trade
Subject: Business, international
ISSN: 1054-8637
Year: 2000
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Servicing global e-commerce
Article Abstract:
The rapid growth of business-to-business e-marketplaces has fueled the continued emergence of Internet companies providing global logistics and related services for such markets. These online logistics services providers enable any e-merchant to become an exporter and any e-buyer to become an importer without worrying about hidden costs and uncertainties. Among the first online logistics service providers are ERateRequest.com, GotCargo.com, From2.com and Bolero.net.
Publication Name: World Trade
Subject: Business, international
ISSN: 1054-8637
Year: 2000
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Attack of the cyber villains
Article Abstract:
Online companies are faced with various obstacles such as hacking, computer viruses and systematic distributed denial-of-service which slows down business. To handle such risks, e-retailers should buy insurance, which cover cyber risks such as privacy, content and software-code infringement, programming errors, theft of information, fraud, alteration and destruction. They should also choose from a variety of technology security systems designed to limit intrusion by hackers or alert IT staff to their presence.
Publication Name: World Trade
Subject: Business, international
ISSN: 1054-8637
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
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