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Substantive Law Deals with Rules That Establish a Structure for Enforcing

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Substantive law deals with rules that establish a structure for enforcing rights and obligations.


Definitions:

Electronic Mall

A collection of individual shops under one Internet address; also known as a cybermall or an e-mall.

Individual Shops

Small retail outlets owned or operated by individuals or families, often offering specialized goods or services.

Forward Auctions

Auctions that sellers use as a selling channel to many potential buyers; the highest bidder wins the items.

Lower Prices

A pricing strategy adopted by businesses to attract more customers by offering goods or services at reduced costs compared to competitors.

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