Great Buys is an internet-based company headquartered in New York that sells hou
ID: 1134005 • Letter: G
Question
Great Buys is an internet-based company headquartered in New York that sells household electronics to consumers in the United States. The management team at Great Buys has some concerns about its online contracting process. Great Buys isn't sure it has a binding contract with its customers because the contract is completely online and in electronic format. Customers have argued they are not bound to the online contract because there's no handwritten "pen and ink" signature. Great Buys also wants to know if any international laws will apply when the company starts selling its electronic products internationally. Great Buys has been sued in different state courts all over the country, and it would like to know if an arbitration clause requiring that arbitration be conducted in New York City will be enforceable. I need help with the question regarding whether international laws will apply when Great Buys begins selling its electronic products internationally.
Explanation / Answer
As we all know world is becoming smaller day by day by increasing of Internet. Doing business in international matket has become so easier now days but if a domestic seller want to sell its product in international market, he or she have to face following guidelines or laws:-
1. To set out principles of for voluntary codes of conduct for business involvement electronic products
2. Offer guidance to government in evaluating their Consumer Protection law regarding electronic products
3. Give consumer advice for what to buy and what to look when it comes to online
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