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Article: E-buyer beware: Why online auction fraud should be regulated
- Article from:
- American Business Law Journal
- Article date:
- July 1, 2002
- Author:
CopyrightCopyright American Business Law Association, Incorporated Summer 2002. Provided by ProQuest LLC. (Hide copyright information)
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Well-settled principles of law, such as those encompassing fraud in its various forms, have long maintained their vitality, adapting to changes in the legal and business environments through judicial and legislative interpretation and intervention. Many of these changes have manifested themselves
in the world of commerce. The creation and development of the Internet has resulted in significant changes in the way people engage in commerce. The increasing popularity of the Internet as a medium of commerce has generated an increase in Internet fraud, raising new and challenging legal issues in areas including online auctions. Under current law, a defrauded participant in an online auction ...