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Questions and Answers
What is a primary function of a signature in the context of formal contracts?
What is a primary function of a signature in the context of formal contracts?
Which of the following is NOT a sub-function provided by a signature according to the discussion?
Which of the following is NOT a sub-function provided by a signature according to the discussion?
What is a challenge associated with electronic contracts compared to traditional contracts?
What is a challenge associated with electronic contracts compared to traditional contracts?
According to the Thai Electronic Transactions Act, what does the term 'transaction' encompass?
According to the Thai Electronic Transactions Act, what does the term 'transaction' encompass?
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What is indicated as a necessary requirement for formal contracts apart from electronic delivery?
What is indicated as a necessary requirement for formal contracts apart from electronic delivery?
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What is the minimum requirement for a sale of immovable property to be valid under the Civil and Commercial Law Code of Thailand?
What is the minimum requirement for a sale of immovable property to be valid under the Civil and Commercial Law Code of Thailand?
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What constitutes a valid signature under the Civil and Commercial Law Code of Thailand?
What constitutes a valid signature under the Civil and Commercial Law Code of Thailand?
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Which of the following transactions must have written evidence to be enforceable according to Section 456?
Which of the following transactions must have written evidence to be enforceable according to Section 456?
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What is the key purpose of the Thai Electronic Transactions Act?
What is the key purpose of the Thai Electronic Transactions Act?
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What is a crucial element of a contract of sale under the Civil and Commercial Law Code of Thailand?
What is a crucial element of a contract of sale under the Civil and Commercial Law Code of Thailand?
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Which of the following is NOT a means through which commercial acts can be conducted according to the Thai Electronic Transactions Act?
Which of the following is NOT a means through which commercial acts can be conducted according to the Thai Electronic Transactions Act?
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What must be the value of the property for a sale of movable property to require written evidence to be enforceable?
What must be the value of the property for a sale of movable property to require written evidence to be enforceable?
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Who qualifies as a seller in a contract of sale according to the Civil and Commercial Law Code of Thailand?
Who qualifies as a seller in a contract of sale according to the Civil and Commercial Law Code of Thailand?
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What is a primary consequence of increased security measures on a website?
What is a primary consequence of increased security measures on a website?
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Which of the following is NOT a key point of vulnerability in the e-commerce environment?
Which of the following is NOT a key point of vulnerability in the e-commerce environment?
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What is a potential misuse of technology by criminals in the context of public safety?
What is a potential misuse of technology by criminals in the context of public safety?
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What aspect is directly affected by the tension between security and usability in e-commerce?
What aspect is directly affected by the tension between security and usability in e-commerce?
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Which component of the e-commerce environment deals with information transmission risks?
Which component of the e-commerce environment deals with information transmission risks?
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What does the 'standing offer' principle in e-commerce imply?
What does the 'standing offer' principle in e-commerce imply?
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In the context of Amazon’s sales conditions, when is a contract of sale concluded?
In the context of Amazon’s sales conditions, when is a contract of sale concluded?
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Which document signifies that an order has been acknowledged by Amazon?
Which document signifies that an order has been acknowledged by Amazon?
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Under the Thai Electronic Transactions Act, which of the following terms is most likely defined?
Under the Thai Electronic Transactions Act, which of the following terms is most likely defined?
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What is a key difference between 'standing offer' and 'invitation to treat' in e-commerce?
What is a key difference between 'standing offer' and 'invitation to treat' in e-commerce?
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When utilizing vending machines, how is acceptance of the offer realized?
When utilizing vending machines, how is acceptance of the offer realized?
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What does the phrase 'committed beyond recall' mean in the context of a standing offer?
What does the phrase 'committed beyond recall' mean in the context of a standing offer?
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Which of the following is true about the relationship between electronic commerce and traditional contract law?
Which of the following is true about the relationship between electronic commerce and traditional contract law?
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What defines an electronic transaction according to the Thai Electronic Transactions Act B.E. 2544?
What defines an electronic transaction according to the Thai Electronic Transactions Act B.E. 2544?
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Which of the following statements about offers and acceptances in electronic transactions is accurate?
Which of the following statements about offers and acceptances in electronic transactions is accurate?
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According to the Thai Electronic Transactions Act, when is a data message deemed dispatched?
According to the Thai Electronic Transactions Act, when is a data message deemed dispatched?
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When does the receipt of a data message occur according to Section 23?
When does the receipt of a data message occur according to Section 23?
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Which type of electronic transactions involves the sale of non-tangible goods?
Which type of electronic transactions involves the sale of non-tangible goods?
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What must occur for a data message to be considered received if it is sent to a non-designated information system?
What must occur for a data message to be considered received if it is sent to a non-designated information system?
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What does the term 'information system' refer to in the context of the Thai Electronic Transactions Act?
What does the term 'information system' refer to in the context of the Thai Electronic Transactions Act?
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What is the legal status of a contract expressed via a data message?
What is the legal status of a contract expressed via a data message?
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Study Notes
Regulating Offer and Acceptance in E-commerce
- The "standing offer" principle applies in cases where the customer's commitment is immediate upon action, like paying money into a vending machine. This contrasts with the "invitation to treat" principle, where the offer is an invitation for negotiation and the customer retains the right to withdraw.
- Amazon's conditions of sale illustrate the "standing offer" principle, where the actual acceptance and contract formation occur upon the dispatch of the product and subsequent sending of the Dispatch Confirmation E-mail.
Contract of Sale
- The Civil and Commercial Law Code of Thailand defines "sale" as a contract where the seller transfers ownership of property to the buyer, who agrees to pay a price for it.
- Contracts of sale involve a mutual obligation, where the buyer promises to pay and the seller promises to transfer ownership.
- There are specific forms required for contracts of sale, especially for immovable property, ships exceeding 5 tons, beasts of burden, and movable property with an agreed price of 20,000 baht or more.
Thai Electronic Transactions Act B.E. 2544
- The act aims to facilitate e-commerce by enabling commercial acts like offers, acceptances, and signatures to be conducted through electronic means such as e-mail, EDI, telegram, telex, facsimile, and internet networks.
- The act allows for electronic forms and delivery to be used for formal contracts, addressing challenges in incorporating signatures into digital documents.
Signatures in Electronic Contracts
- Thai Civil and Commercial Law Code allows for substitutes for handwritten signatures, such as fingerprints, crosses, or seals, provided they are certified by two witnesses.
- The primary function of a signature is authentication, offering evidence of the signatory's identity, intent, and approval of the document's contents.
Key Definitions
- "Transaction" under the Act encompasses any act relating to civil and commercial activities or state affairs.
- "Electronic Transaction" refers to transactions utilizing electronic means, divided into two main categories: electronic transactions for physical goods/services and electronic transactions for digital goods/services.
Electronic Offer/Acceptance
- The Thai Electronic Transactions Act allows offers and acceptances in contracts to be expressed through data messages, ensuring legal validity regardless of format.
- Declarations of will or notices can also be made through data messages, according to the Act.
Electronic Transaction: Declaration of Intention
- Dispatch of a data message is considered to occur when it enters an information system beyond the originator's control.
- Receipt of a data message is deemed to occur when it enters the addressee's information system or, if a designated information system exists, when the message enters that system. Retrieval of the message from an undesignated system constitutes receipt.
E-commerce Payment and Security
- Balancing security measures with ease of use is a critical challenge in e-commerce, as heightened security may negatively impact user experience and site speed.
- Public safety concerns arise from criminal use of the internet for planning and threatening actions.
Security Threats in E-commerce
- E-commerce environments are vulnerable at three points: client, server, and communication channels.
- Public key cryptography is a security measure involving public and private keys to encrypt and decrypt data, ensuring secure transactions.
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Description
Explore the principles of offer and acceptance in e-commerce, particularly focusing on the 'standing offer' and 'invitation to treat' concepts. Understand how Amazon's conditions of sale and Thailand's Civil and Commercial Law Code define the contract of sale, obligations, and required forms.