There are a number of legal and compliance requirements brought to bear by doing business on the Internet. Aside from protecting the business from user litigation, legal policies must also be used to protect business assets – such as copyright statements and terms of use policies.For example, it is essential to publish a policy that states specifically what the site will and will NOT do with information, as well as what information will be collected.
Furthermore, with increased corporate-governance requirements (i.e. Sarbanes-Oxley) compliance is required through recording and storing of relevant information.
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