Outline an On-Line Dispute Resolution Procedure or Body to Handle

question 38

Essay

Outline an on-line Dispute Resolution procedure or body to handle international e-commerce disputes.

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Definitions:

Store Of Value

An asset that can be saved, retrieved, and exchanged at a later time, and be predictably useful when retrieved.

Medium Of Exchange

A tool that assists in the buying, selling, or exchanging of goods among different parties.

Cash

Liquid currency including coins and banknotes that is used to facilitate transactions and settle debts.

Stocks

Shares of ownership in a company, representing a claim on part of the company's assets and earnings.