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What is E-commerce?

What is E-commerce? E-commerce (Electronic commerce or EC) is the buying and selling of goods and services or transmitting funds or data over an electronic network, primarily the internet. These business transactions occur either business to business, business to consumer, consumer to consumer, or consumer to business. This thesis is concerned with the impact of electronic commerce on international tax laws, specifically source-based taxation. Before looking specifically at the arguments and propositions to be advanced by the thesis, it is both instructive and necessary, to begin with, a discussion of what is meant by ‘electronic commerce’. Discussions relating to electronic commerce normally begin with a pronouncement that it represents a fundamental and revolutionary development in communications that is likely to dramatically change the way business is conducted. This is usually followed by highly variable, speculative, and often mind-numbing estimates of the expected growth of th

What is phosphorylation?

When one or more than one phosphorus / phosphoric acid forms bond with adenosine generated from the bond between a nitrogenous base and a pentose sugar Adenosine Monophosphate, Diphosphate, Triphosphate are created. Usually this phosphate addition reaction does not require external energy input and in widely known as phosphorylation.

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The Importance of Information and Communication Technology