Electronic Act

The Electronic Act

Index

Executive Summary…………………………………………………… 3

Method of conducting a contract…………………………………… 4

Determination of the date of the conclusion of a contract……… 5

The handling of consumer matters………………………………… .. 5

Conditions pertaining to payment and delivery…………………… 6

Cyber Crime……………………………………………………………… 6

Reference List.................................................................................... 8

Executive Summary

Koos, the entrepreneur, has the need to digitise his business for selling and marketing. This is also referred to as eBusiness. He is particularly interested in the formation of the contract with his customers and how it is concluded. The need also for him is to have the knowledge and understanding of how to address consumer matters, payment and delivery methods and adherence of such. He also has a concern for cyber crime exposure that will exist in the eBusiness dimension.

With eBusiness the normal contract concluding will also apply, but with some technology that could be applied to facilitate these functions.

With regards to eBusiness the exposure of the consumer’s identity becomes more vulnerable and special attention needs to be taken with the information.

Koos’ decision will greatly be impacted by complying with the Electronic Communication and Transaction Act 25 of 2002 (ECT Act of 2002).

Allthough Koos’ business is building, marketing and selling of particular module airplanes, the lack of knowledge in the eBusiness arena will be highlighted and brought forward for his attention.

1. Method of Conducting a Contract

The basic formalities and aspects of concluding a contract needs to be met, in order to establish a contract. The following criteria need to be present very clear: (Havenga P., Havenga M., Kelbrick R., McGregor M., Schulze H., van der Linde K., 2007:49,50)

* Consensus between the parties of what is to be bought or is understood that the buying party will get...