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Thursday, July 16, 2009

Many small business owners will make some serious errors regarding paying attention to e-commerce law. Knowing the key legal issues such as copyright and libel to restrictions regarding product sales is imperative for you to know that will keep you from having to enter a courthouse. From thinking the law is too complex or that it doesn't apply to your business to procrastinating when hit with a libel suit, owners too often don’t pay attention to the regulations that can come back and haunt them severely.  
 
Being Complacent Because You Assume the Law is Complicated
It is certainly true that there is a large variety of legal issues to consider and think about when trading over the Web. However, that’s not an excuse for doing nothing. There is a basic minimum of laws that can and should be addressed. You need to address and understand them properly so that they don’t have a major impact on your business sales in a negative manner.  
 
Incorrectly Assuming That the Law Doesn’t Apply to the Internet
This is a false assumption. Yes, it is often more difficult to successfully prosecute an organization that is trading over the Web. However, that does not mean that governments and legal systems are ignoring those who they feel are breaking their laws.  
 
Failing to Deal with Copyright and Libel Issues Quickly
If a third party accuses you of libel or copyright infringement, it is imperative that you deal with that immediately. In many courts of law, the longer the libel remains published on the Web site, the greater the penalties for a business that will result in your sales bottoming out to never return.

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