What is the Electronic Signatures in Global and National Commerce Act?
The Electronic Signatures in Global and National Commerce Act, also known as the E-Sign Act, was enacted in 2000 and is a law that applies to all forms of electronic communications within the United States. The primary purpose of the E-Sign Act is to promote the use of electronic records and signatures in commerce by providing legal recognition of electronic documents, forms, and signatures. The E-Sign Act applies to all types of contracts and communications that are conducted over the internet and digital media such as websites, emails, electronic signatures, and other forms of electronic communication. The law states that electronic records and signatures are just as valid as traditional paper documents and signatures. The E-Sign Act also requires businesses to disclose certain information when they use electronic signatures and records in a transaction. This includes information about the technology being used to create the electronic documents, the process for verifying the identity of the parties involved in the transaction, and the process for keeping electronic records safe from unauthorized access. Overall, the E-Sign Act provides a legal framework for businesses to conduct commercial transactions electronically without the need for traditional paper documents and signatures. This is beneficial for both businesses and consumers, as it gives people the convenience and flexibility to communicate electronically without the hassle of paper documents.
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