Discuss the Validity of Online Transactions and the Related Issues

question 6

Essay

Discuss the validity of online transactions and the related issues that arise in transacting business over the Internet.

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Definitions:

Protruding

Extending out or projecting in space.

Punitive Damages

Financial compensation awarded in a lawsuit that exceeds simple compensation and is intended to punish the defendant for egregious conduct.

Product Liability

The legal obligation of manufacturers and sellers to compensate for losses or injuries caused by defects or malfunctions of their products.

Implied Warranties

Legal assurances that are not explicitly stated but are assumed in transactions, such as the assumption that goods are of merchantable quality.