e-signature: is it enforceable?
Post on 01-Dec-2014
1.939 Views
Preview:
DESCRIPTION
TRANSCRIPT
- 1. Is an E-Signature Legally Enforceable? {
2. In Most Transactions, the answer is Yes. Federal E-SIGN Act enforces contracts by e-signature, and Illinois { passed its own law in 1998. 3. The E-SIGN law does not cover: Wills, family law, adoptions, product recalls, health plan cancellations, { residential evictions, and hazardous transport. 4. What Is an E-Signature?An electronic sound, symbol, or process{affixed to a contract or record by a signee made with intent to sign. 5. How Do People E-sign? By clicking accept with a mouse, on { the phone by saying I accept, or on a smartphone with the right app. 6. Caution Must Be Exercised Your e-signature should always be { accompanied by a digital signature to encrypt the data. 7. Caution Must Be Exercised All online contracts must be reviewed for mandatory arbitration clauses which may waive your right to a jury trial/class action even in cases of fraud.{
top related