Features
Seller Beware: Insureds Not Covered for Misrepresentations in the Transfer of Real Estate
The situation is not uncommon: A buyer purchases a residence or piece of land, discovers material defects, and files suit against the seller based on fraud and negligent misrepresentation, seeking the cost of repairing the defective condition or rescission of the purchase agreement. Judging by the growing body of case law, the seller then tenders the suit to its liability insurer, typically under a homeowners or general liability policy.
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First Quarter e-Commerce Spending Is Biggest Year-Start Ever
At an estimated $15.5 billion ' an increase of 28.1% from 2003's first quarter ' this year's estimated first-quarter e-commerce accounted for 1.9% of all first-quarter retailing, which the U.S. Census Bureau last month guessed totaled $834.8 billion, a nearly 9% rise from the same quarter last year.
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Developments of Note
Recent developments in e-commerce law and in the e-commerce industry.
Viable e-Signature Options
While the Internet continues to replace traditional forms of commerce communication and to help expand e-commerce, the use of contracts to memorialize business agreements remains constant. <br>To move toward full implementation of Internet commerce communications, businesses are struggling to find an appropriate replacement for traditional authentication procedures. <br>In short, businesses seek lawful electronic signatures to replace traditional signatures. This search has resulted in six viable e-signature options.
Up-To-Date, Or Out Of Luck?
No business likes to be undercut by a competitor ' but the pain of lost profits, not to mention the sting of embarrassment, would be worse if the "competitor" were your own business. <br>Strange? <br>Yes, but the scenario can occur when a firm establishes a Web site, but doesn't maintain it.
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e-Commerce Docket Sheet
Recent court rulings in e-commerce.
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Is Bill Gates Public Enemy Number One?
Unfortunately, Americans these days know that terrorists can strike us at home, and anxiety about possible attacks ' from cyber assaults to the not-so-good old-fashioned kind ' is running high. <br>Of course, most Americans' vigilance against an attack is directed overseas, but should at least some of their attention, and that of anyone in e-commerce, focus on Redmond, Washington, the headquarters of Microsoft and its helmsman, Bill Gates?
<b><i>Product Review: </b></i>Kroll Ontrack's ElectronicDataViewer 3.0
ElectronicDataViewer 3.0 is an online repository used by litigators to perform all of the typical document review functions ' searching, categorizing, redacting and annotating ' in a secure database repository uniquely dedicated to their case.
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Breaking Barriers With the Buddy List
What was once seen as a chatting tool for teenagers, IM is becoming a required tool for more and more businesses. According to Gartner Research, enterprise instant messaging is growing at approximately 20% annually and is expected to be in use by 70% of all companies by the end of this year. By 2005, it's expected to surpass e-mail as the primary online communication tool. <br>With IM, you can look at your list of common users or buddy list and "see" who is online via presence awareness (the ability to view who is online and available to chat). When you're working on a time sensitive contract negotiation or just need an answer ASAP, IM is invaluable for lawyers.
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<b><i>Practice Tip:</b></i> <b>Using the Microsoft Office Profile Wizard</b>
The Microsoft Office Profile Wizard is a simple tool which lets you capture all of your customizations in any of the Microsoft Office applications in a matter of minutes, not hours. By allowing you the ability to both save and restore your Office settings, the Office Profile Wizard provides you with both disaster contigency (should your computer crash and you have to reinstall Microsoft Office) and with portability (so that you can transfer, for example, your custom setting from your computer at work to your computer at home).
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