E-commerce or e-business is doing business on the Internet which, perhaps surprisingly, isn't all that different from doing business on a city street. Of course, instead of a physical worksite, an e-business has a website. But the business itself typically consists of taking orders and accepting payment from customers, much like a mail order business. There are some laws and regulations that pertain specifically to the Internet. For example, there are Federal Trade Commission guidelines for online advertising called Dot Com Disclosures. The Digital Millennium Copyright Act protects against the unauthorized use of software, and the Electronic in Global and National Commerce Act establishes legal standards for electronic signatures and record keeping.
