Mechanism of escrow dealings-duties of escrow


Question one:

a) Explain and discuss the legal meaning of :-

i) Computer Service Person

ii) Data holding

b) Explain and discuss how the law ensures Data protection and Security.

Question two:

The aim of the Electronic Transaction Act 2000 is to provide for a suitable legal structure to facilitate electronic communications and transactions by regulating electronic records and digital signatures in Mauritius.

Observe the provisions of this law which intervenes in favour of the validity of electronic records and digital signatures.
 
Question three:

The Banking Act provides for banking services via interactive electronic systems.

(a) Explain and illustrate the features of the electronic banking.

(b) Discus and describe the responsibilities and roles of commercial bank in furtherance of e-banking.

Question four:

Explain the following items as provided for in Copyright Act:-

a) Artistic and Literate works.

b) Author of a work.

c) Moral right.

d) Economic right.
 
Question five:

Escrow dealings diminish the potential risk of fraud by acting as a trusted third party which gathers, holds and pays out money according to Buyer and Seller directions.

(a) Explain briefly the mechanism of escrow dealings and how the system operates to diminish fraud.

(b) Explain the obligations and duties of escrow agent.

Request for Solution File

Ask an Expert for Answer!!
Other Management: Mechanism of escrow dealings-duties of escrow
Reference No:- TGS07638

Expected delivery within 24 Hours