There are leaders who misled their followers about COVID-19 but they will never admit they were wrong. There are men who fathered a child but they’ll die denying rather than take responsibility. There are women who will never reveal their child’s real father. There are employees who will never admit that they were fired on non-performance. Most people are loyal to their past mistakes.
Every now and then, you get or see people creating a page and/or account (mobile money wallet or bank account) to solicit for funds to support a cause especially medical or social intervention causes. These people appeal to the emotions of the citizenry by showing pictures of what they want to do. As to whether the monies collected will be used for the intended purpose, is a question most of us don’t know. This practice, if not checked, can create an avenue for exploitation by criminals to advance their criminal activities. Terrorist Groups can or is adopting this technique to finance their terrorist activities. In Canada, over the past five years, cyber criminals have used crowdfunding websites to launder nearly $30 million.
The following article provides a high-level summary of some key eCommerce law issues online business operators face in running a website or other eCommerce business. Conducting business online or maintaining a website may subject companies and individuals to unforeseen legal liabilities. The following is a brief survey of 12 key eCommerce law issues to consider:
The economist reported the executive chairman of Cisco, the world leading software company as saying, “We compete against market transitions, not competitors. Product transitions used to take five to seven years; now they take one to two.” Competition in such an environment of rapid change requires a new thinking and a new approach and many companies are not keeping up to it.