ELECTRONIC FOUNDS TRANSFER – EFT

Electronic business and electronic trade as its component are new phenomena in modern business, exactly in the fields of trade, law, business relationships between individuals themselves, then between individuals and commercial organizations, and most of all between banks themselves as well as betwe...

Full description

Bibliographic Details
Main Authors: Milorad M. Bejatović, Maja S. Kovačević
Format: Article
Language:English
Published: University Business Academy in Novi Sad Faculty of Law for Commerce and Judiciary 2009-10-01
Series:Pravo
Subjects:
Online Access:https://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/385
_version_ 1830341754107199488
author Milorad M. Bejatović
Maja S. Kovačević
author_facet Milorad M. Bejatović
Maja S. Kovačević
author_sort Milorad M. Bejatović
collection DOAJ
description Electronic business and electronic trade as its component are new phenomena in modern business, exactly in the fields of trade, law, business relationships between individuals themselves, then between individuals and commercial organizations, and most of all between banks themselves as well as between banks and their clients. The phenomena such as: electronic signatures, electronic exchange of information, electronic way of paying, home banking, virtual shops and buying things through the Internet as well as making contracts and other most different kinds of business done through the Internet and other phenomena have contributed to the speed, quality and quantity of the done business transactions and all that with less expenses. As every other kind of business relationship, this one has also its defects coming from the fact that it is a new and not completely legally regulated area with numerous lacks especially in national legislatures. The safety of business transactions themselves could be endangered in different ways according to the fact that we are talking about doing some business through the WWW address. The law has been made in accordance with modern principles in the field of electronic business and electronic trade and it has to satisfy requests and practical needs, in the first place, of businessmen whose interest is to have a legal basis they can rely on.
first_indexed 2024-12-19T21:39:25Z
format Article
id doaj.art-e51af6b2d6334002946c7f0a5548c8c9
institution Directory Open Access Journal
issn 0352-3713
2683-5711
language English
last_indexed 2024-12-19T21:39:25Z
publishDate 2009-10-01
publisher University Business Academy in Novi Sad Faculty of Law for Commerce and Judiciary
record_format Article
series Pravo
spelling doaj.art-e51af6b2d6334002946c7f0a5548c8c92022-12-21T20:04:42ZengUniversity Business Academy in Novi Sad Faculty of Law for Commerce and JudiciaryPravo0352-37132683-57112009-10-01269-10ELECTRONIC FOUNDS TRANSFER – EFTMilorad M. Bejatović0Maja S. Kovačević1Associate Professor and Vice Dean for Education in the Law Faculty, Business Academy, Novi SadAssistant on the Law Faculty, Business Academy, Novi SadElectronic business and electronic trade as its component are new phenomena in modern business, exactly in the fields of trade, law, business relationships between individuals themselves, then between individuals and commercial organizations, and most of all between banks themselves as well as between banks and their clients. The phenomena such as: electronic signatures, electronic exchange of information, electronic way of paying, home banking, virtual shops and buying things through the Internet as well as making contracts and other most different kinds of business done through the Internet and other phenomena have contributed to the speed, quality and quantity of the done business transactions and all that with less expenses. As every other kind of business relationship, this one has also its defects coming from the fact that it is a new and not completely legally regulated area with numerous lacks especially in national legislatures. The safety of business transactions themselves could be endangered in different ways according to the fact that we are talking about doing some business through the WWW address. The law has been made in accordance with modern principles in the field of electronic business and electronic trade and it has to satisfy requests and practical needs, in the first place, of businessmen whose interest is to have a legal basis they can rely on.https://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/385electronic business, electronic signature, home banking, the Internet contracts
spellingShingle Milorad M. Bejatović
Maja S. Kovačević
ELECTRONIC FOUNDS TRANSFER – EFT
Pravo
electronic business, electronic signature, home banking, the Internet contracts
title ELECTRONIC FOUNDS TRANSFER – EFT
title_full ELECTRONIC FOUNDS TRANSFER – EFT
title_fullStr ELECTRONIC FOUNDS TRANSFER – EFT
title_full_unstemmed ELECTRONIC FOUNDS TRANSFER – EFT
title_short ELECTRONIC FOUNDS TRANSFER – EFT
title_sort electronic founds transfer eft
topic electronic business, electronic signature, home banking, the Internet contracts
url https://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/385
work_keys_str_mv AT miloradmbejatovic electronicfoundstransfereft
AT majaskovacevic electronicfoundstransfereft