- Electronic Signatures (“E-Signatures”)
- digital signatures Website design By BotEap.com
Legal importance of digital signatures
Website design By BotEap.comA cornerstone of United States contract law is the general application of the Fraud Statute to contractual agreements. Emerging forms of electronic commerce and new types of contractual relationships have begun to question the very idea of defining the four corners of a contract. Many obstacles related to contractual relationships arise with the proliferation of electronic commerce, especially in determining what constitutes a valid signature. Traditionally, the Fraud Statute is a collective term that describes various legal provisions that deny the enforcement of certain forms of contracts unless they are in writing and signed by the accused party. The problem with this traditional Fraud Statute idea is how it relates to electronic commerce in determining whether the party charged with the contract has actually “signed” the contract for enforcement purposes.
Website design By BotEap.comVarious forms of legislation dealing with Internet law have attempted to define and describe digital and electronic signatures for the purpose of determining applicability. In general, there are two broad categories of signatures when it comes to electronic contracts.