Companies that engage in e-commerce, B2C sales with consumers:
A)Have the legal obligation of complying with the AICPA Trust Services Principles
B)Have the same kind of obligations to conduct their business ethically as companies transacting business any other way
C)Have legal obligations that suggest that customers should be so informed regarding customer privacy
D)Are required by law to have a local presence for the resolution of customer complaints

Question

Companies that engage in e-commerce, B2C sales with consumers:
A)Have the legal obligation of complying with the AICPA Trust Services Principles
B)Have the same kind of obligations to conduct their business ethically as companies transacting business any other way
C)Have legal obligations that suggest that customers should be so informed regarding customer privacy 
D)Are required by law to have a local presence for the resolution of customer complaints

Quizplus · Accepted Answer

Companies engaging in e-commerce have the same ethical obligations as any other company, regardless of the method of transaction. While they may have legal obligations related to customer privacy, there is no specific requirement for compliance with the AICPA Trust Services Principles or having a local presence for complaint resolution.

Companies That Engage in E-Commerce, B2C Sales with Consumers