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WHAT IS
ELECTRONIC
COMMERCE?
Business to Consumer
o Business transaction between companies, business-
to-consumer models are those that sell products or
services directly to personal-use customers.
o Connects, communicates and conducts business
transactions with consumers most often via the
Internet.
o Larger than just online retailing; it includes online
banking, travel services, online auctions, and health
and real sites.
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Business to Business
o A type of commerce transaction that exist
between business, such as those involving a
manufacture and wholesaler, or a wholesaler
and a retailer.
o Conducted between companies, rather than
between a company and individual
consumers.
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Electronic Commerce Act
of 2000
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Objectives
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Salient
Features Makes banking transactions
done through ATM
switching networks absolute
Allows the formation of once consummated.
contracts in electronic form.
It gives legal recognition of electronic o Section 16
data messages, electronic documents, and o Section 16
electronic signatures.
o Section 6 to 13
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Salient
Features
All existing laws such as the
Consumer Act of the
Philippines also applies to e-
Piracy through the use of telecommunication commerce transactions.
networks, such as the Internet, that infringes
intellectual property rights is punishable. The o Section 33
penalties are the same as hacking.
o Section 33
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THANK YOU!
REFERENCE:
https://ecommercebootcamp.digitalfili
pino.com/lesson/the-e-commerce-law/