You Are a Manager at a Medium-Sized Start-Up Company That

question 38

Essay

You are a manager at a medium-sized start-up company that is well positioned in the online intermediary market.One of your colleagues has asked you to offer some advice about the liability of online intermediaries.Provide a brief introduction to this issue.Illustrate your answer with business law examples.How can a business shield itself from intermediary liability?

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Definitions:

Dissolution

The process of a substance being dissolved by a solvent, leading to the formation of a solution.

Limestone

A sedimentary rock composed mainly of calcium carbonate (CaCO3), often formed from the skeletal fragments of marine organisms.

Karst Topography

A landscape formed from the dissolution of soluble rocks such as limestone, characterized by underground drainage systems and sinkholes.

Sinkhole

A depression or hole in the ground caused by the collapse of a surface layer, often due to the dissolution of the underlying limestone, volcanic activity, or water drainage.