International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

The Nature of E Companies and Their Legal Regulations
Dr. Farouq Ahmad Faleh Al Azzam, Dr. Mueen Fandi Nhar Alshunnaq

As a result of the developments in the means of communication which has entered into all aspects of life, it has become more necessary to conduct business transactions via means of communication and modern technology by the public and private companies to avoid the obstacles that they suffer from when relying on traditional methods in increasing their profits. Using means of communication and modern technology enables these companies to conduct many commercial transactions and services quickly so they save time and effort. In addition to attracting customers from around the world to increase their sales. Nevertheless, Many e - commerce companies have faced various obstacles that are related to the operation systems, which makes them vulnerable to hackers attacks, and reputation risks that arose from the lack of means of data protection that are protected by the e company in addition to legal risks that it may face. This research aims at explaining the concept of e companies and to specify the principle behind it as well as its legal regulations, despite the fact that the legislations are free of specific regulations of this type of companies.

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