Articles | Open Access | DOI: https://doi.org/10.37547/tajpslc/Volume03Issue12-17

Aspects Of Legal Regulation Of Electronic Transactions Carried Out By Business Entities

Allayarova Nargiza Imamnazarovna , Teacher Of South Kazakhstan University Named M.Auezov, Uzbekistan

Abstract

This article discusses the provisions of the legislation of the Republic of Kazakhstan, the Republic of Uzbekistan and foreign states that regulate relations between business participants in the implementation of transactions in electronic form. Currently, all over the world, there is a development of electronic commerce, using "electronic transactions", defined in business by "electronic contracts". When considering the legal regulation of "electronic contracts", it should be noted that the legislation governing the field of electronic document management in business activities needs to be finalized taking into account the requirements of the time and the emerging practice of using "electronic contracts". It should be noted that e-commerce has the potential to become a leading type of entrepreneurial activity in the future. It should be emphasized that the Republic of Kazakhstan does not have a Law on Electronic Commerce. In our opinion, such a law is necessary in the Republic of Kazakhstan, since at present there is a widespread digitalization of civil circulation. The adoption in the Republic of Kazakhstan of the Law "On Electronic Commerce" will provide an opportunity for a more complete regulation of legal relations of business entities on the conclusion of contracts in electronic form.

Keywords

Law, Electronic Document, Electronic Transaction

References

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Allayarova Nargiza Imamnazarovna. (2021). Aspects Of Legal Regulation Of Electronic Transactions Carried Out By Business Entities. The American Journal of Political Science Law and Criminology, 3(12), 113–117. https://doi.org/10.37547/tajpslc/Volume03Issue12-17