Documentation Retention Policies For Electronic Commerce Businesses

Documentation retention policies should be in effect for websites and electronic mails exchanged between parties. These documentation retention policies could limit legal liability and also the possibility of confidentiality breaches. After the aftermath of company scandals such as Enron, companies should be considering these type of policies for their business interests.

The following questions have been addressed in this article:

What are the objectives of a business to have a document-retention policy?
What are issues that must be considered in terms of whether a document should be retained or disposed of?
What is the length of time that electronic mails should be retained?
What are the type of documents that should be maintained by companies?
Have companies faced penalties for not having document retention policies in effect?

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