An explanation of the Postal Acceptance Rule Online.
1,755 words (approx. 7 pages) |
5 sources |
APA | 2000
Paper Summary:
A specific answer to a scenario set by a teacher regarding online commerce and how it works. This paper provides a scenario of on-line commerce where someone bets on a horse race on-line. The paper explains how the law could work to accept this postal bet as a real bet. Included are a number of scenarios to show how the bet would have to take place in order to meet the time and legal constraints.
From the Paper:
"When looking at the legalities of the Boniface betting scenario, it is important to define what is understood by the technical terms involved. It is a complicated process going through servers and ISP's, one that can be defined by breaking the links down and analyzing where the individual links are. When using computers connected to ISP's and using betting webpages and their related servers, definitions must be made as to the process of the transaction."