Regulatory Framework For E-Commerce (2015) Ibrahim Shehu
Introduction
Electronic commerce or e-commerce, is now part of our daily lives, whatever financial reasons are given for this, whatever’ paradigm shifts’ are held responsible, one fact is certain if consumers and businesses did not believe that the commerce they were transacting were enforceable, they would not enter the digital marketplace provided by the internet. 1 The internet, built for agreements. 2 Though the model law is not a law and therefore not binding on member state, but rather an important instrument that provides the basis for an electronic transaction, the cardinal aim of the model law was to ensure that the practice of commercial transaction should be uniform and of an acceptable standard. This work will be focusing on the legal framework of e-commerce.