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A new rule came on the validity of e-commerce contracts. Which dimension is related?

Answer and explanation

Correct answer: Legal dimension

The governing concept is the legal dimension of the business environment. This dimension consists of laws, rules, regulations, court decisions and compliance requirements that define what businesses may do and how transactions must be conducted. The validity of an e-commerce contract concerns whether an agreement made electronically is recognised and enforceable under applicable rules. That is directly a legal question, so option D is correct. The use of online technology may be technological, and digital commerce may have economic or social effects, but those facts do not determine the stated issue. The decisive clue is the new rule governing contractual validity.

Related tags

Business-EnvironmentLegal-EnvironmentE-Commerce-ContractLegal EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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