1. Prentice Hall © 20051 PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 4E, by Henry R. Cheeseman Chapter 12 Internet Law and Electronic Commerce

2. Prentice Hall © 20052 E-Commerce and the Internet E-commerce The sale of goods and services by computer over the Internet Internet A collection of millions of computers that provide a network of electronic connections between computers

3. Prentice Hall © 20053 Electronic Mail Electronic written communication between individuals and businesses using computers connected to the Internet

4. Prentice Hall © 20054 World Wide Web An electronic connection of millions of computers that support a standard set of rules for the exchange of information

5. Prentice Hall © 20055 Domain Name A unique name that identifies an individual’s or company’s Web site, such as www.prenhall.com Domain names can be registered

6. Prentice Hall © 20056 Licensing Arrangement Licensor Licensee License (transfer of rights in intellectual property or information)

7. Prentice Hall © 20057 Uniform Computer Information Transactions Act A model act issued by the National Conference of Commissioners on Uniform State Laws Establishes a uniform and comprehensive set of rules that regulate the creation, performance, and enforcement of computer information transactions

8. Prentice Hall © 20058 Licenses Licenses are contracts that transfer limited rights in intellectual property and informational rights Licensor The owner of intellectual property or informational rights who transfers rights in the property or information to the licensee Licensee The party who is given limited rights in or access to intellectual property or informational rights owned by the licensor

9. Prentice Hall © 20059 Formation of a Contract A contract can be formed in any manner that shows agreement, including an offer and acceptance, or conduct of both parties, or operation of electronic agents A contract is formed when an electronic acceptance is received Keep in mind that all the normal rules of contracts apply to e-contracts