Over the past three years, major reforms have been approved in Spain in order to restructure the banking sector. The purpose of these reforms has been to reinforce the solvency of credit institutions through recapitalization and integration into larger organizations. The credit cooperatives have...

Legislative drafting mistakes can upset statutory schemes. The Affordable Care Act was nearly undone by such mistakes. The recent Tax Cuts and Jobs Act is rife with them. Traditional legal scholarship has examined whether courts should help resolve Congress's mistakes. But courts have remained...

Treating the negative effects caused by the global financial crisis is a task of state institutions. Concerned for the impact of these effects, governments are carrying out and implementing state policies through implementing political, legal and economic measures against the logic of economic...

The existence of “sovereign consumer”, appealed by the adherents of free market cult, is jeopardized, within the context of economic reality, by the manifestation of some market failures. Consequently, the purpose of this paper is the argumentation of the importance of direct consumer...

This comment first defines the concept of e-comrnerce, discussing its development in the international market. The comment next examines the legal questions raised in the use of the Internet to facilitate business. Legally speaking, in order to promote efficiency in the world market this comment...

This article is discussing comparative approaches to the definitions of the e-commerce and e-payment. The international taxation systems, direct and indirect taxation, entity isolation and “arm's length principle” applied to entity isolation problem, resident-based and source-based taxation,...

“The internet has been the revolutionary technology of the new millennium, empowering consumers and businesses alike with blessings of connectivity” (Kotler & Armstrong 2004:72). The World economy gives today capital importance to e-commerce. In fact, most of the countries on this planet,...