In five pages this paper discusses Internet commerce in terms of UK legal and security issues as well as various risk aspects. Six sources are listed in the bibliography.
Name of Research Paper File: TS14_TEsetupe.rtf
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ethical and strategic aspects. Any company seeking to consider setting up on the internet needs to look at all of these aspects. The most important in terms of compliance may
be that if the legal requirements. In the UK there are two main acts The Data Protection Act 1998 and the Distance Selling regulations 2000. The company may find that
it is already covered by the data protection act in some of its operations, as this concerns not only computer held data, but also other data. Under this act when
a company stores uses and processes data these must be registers with the data register. Therefore, even if the company already has a licence under the act this will need
to be amended. Under the act there is also an obligation to protect that information and keep it confidential, therefore when considering security there is also the need to consider
the legal aspects as well as the commercial and moral implications of protecting sensitive information. The Distance Selling regulations will be new, as the current operations are the selling
of goods from he company premises. Distance selling regulations cover goods that are sold by the internet as well as by telephone, mail order, digital television and even fax (OFT,
2003). The main elements of the act is that consumers need to be given information about the purchase of goods from the site that is clear and gives information
such as retailer details, costs, delivery times, and inform the customer of their rights to cancel before they place the order (OFT, 2003). The information has to be provided to
the customer in writing and there is also the requirement for a seven day cooling off period this is sevens days from he day after the goods are received for