Friday, May 3, 2019

Business Law Essay Example | Topics and Well Written Essays - 500 words - 1

Business Law - endeavor ExampleWhen you buy a pair of shoes, youre paying money to own the ware, plain and simple. But chthonian UCITA, what youd be paying for when you purchase software wouldnt be the program itself, merely a license to exercise it. Thats a subtle difference, but a significant one. Differences in selling a product and licensing the product depend on the product itself. McAllister cites additional examples of the license screen when purchasing software online Youre told to read them, and in that locationfore click I Agree, before youre allowed to complete the installation. While not all consumers read this fine print page, McAllister advises everyone should because the way the software industry would have it, those screens of text are legally binding contracts. Many of the victuals in the Uniform Computer Information Transactions Act were first proposed as a limiting to oblige 2 of the Uniform Commercial Code. Why did the drafters decide to propose it as a break in and distinct uniform act? Because of the growing online commerce actions, the powers that be in the U.S. government felt there needed to be a more clear-cut law for such commercial acts. The wording of Article 2, Congress felt, was not sufficient to cover the needs of the buyer and seller. Furthermore, amending Article 2 (originally intended to be Article 2B) was viewed as ineffective for such growing electronic businesses. Therefore, the onset of the UCITA gave both sides of the transaction a clear picture of what is legally expected.

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