Although electronic commerce (e-commerce) can be a source of competitive advantage, will e-commerce businesses in countries like China flourish when governments still take a “wait-and-see attitude” as to prompting, protecting, and regulating e-commerce? The paper employs transaction cost economics in analyzing the role of government in regulating electronic contracting. Due to the transaction c...

The paper is a broad overview of the South African law on Electronic Contracts (e-contracts). It has a brief introduction to the South African Lex Informatica which covers historical evolution of Internet law on an international platform and how it has impacted on South African Law on negotiation of commercial contracts. Section 2 deals with the South African Common law and how it applied to el...

We propose a stochastic programming approach for quantitative analysis of supply contracts, involving flexibility, between a buyer and a supplier, in a supply chain framework. Specifically, we consider the case of multi-periodic contracts in the face of correlated demands. To design such contracts, one has to estimate the savings or costs induced for both parties, as well as the optimal orders ...

The article analyses the UCP as a form of non-State law. It demonstrates that in some courts may inadvertently be applied governing law agreement instead contractual terms. proceeds to analyse against 3 Hague Principles on Choice Law International Commercial Contracts well along set criteria, developed by author, endeavours provide certainty choice On basis application above criteria comes conc...

Background: Due to the increasing expansion of the electronic world in all aspects, e-commerce has found its place alongside traditional transactions and in turn are of particular importance and have left a significant share in commercial contracts. This has led to significant ethical challenges. E-commerce, due to the lack of necessary legal and legal grounds, lack of proper mechanism to prote...

In this paper, I consider whether the recent overhaul of French contract law via ordonnance No 2016-131 10 February 2016 has changed principles judicial interpretation commercial contracts, and how these compare with in English law. One questions ask is traditional dichotomy between subjective approach objective one been altered now that principle incorporated Code civil. explore both jurisdict...

THE relationship between legal rules and the strategies that commercial parties use to deal with risk is among the most important and least understood topics in law and economics. Organizational theorists have generally confined their analyses to the nature of the firm and other permanent relationships.' Academic commercial lawyers, in turn, have been far less venturesome than their corporate c...

nowadays, the effort for ease of doing business is the more important worry in transition economies in the way of reaching in economic development and high competitiveness. according to intuitionalism theories, the inefficiency of judicial system causes to increase trade costs, and so, violates the business environment. by studying the rank of iran's ease in doing business between other world c...