These Days More and More Companies Are Using the Internet

question 107

Essay

These days more and more companies are using the internet to conduct business.In regards to retail, there are two key ideas, e-commerce and electronic retailing.How do these two differ?

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Definitions:

Employee

An individual who performs work under the direction and control of an employer in exchange for compensation.

Reasonable Skill

The level of competence that one can expect from a person with the standard abilities and knowledge in a particular field.

Breach of Contract

Occurs when one party fails to fulfill their obligations under a contract without a lawful excuse.

Agency Contract

A legal agreement where one party, the agent, agrees to act on behalf of another, the principal, in business dealings.