Are contracts executed online legally valid and binding?
Yes. Documents executed online with electronic signatures are legally valid and have the same legal standing as paper documents executed by hand. It is highly likely that you have already contracted online. For example, when you click on an “I Agree” button on the internet, you are usually a party to what is known as a Clickwrap Contract. Also, when you purchase goods online, you are a party to a legally binding contract. RightSignature’s technology is in full compliance with the 2000 U.S. Electronic Signatures in Global and National Commerce Act (ESIGN) and the Uniform Electronic Transactions Act (UETA), as well as the European Directive (EC/1999/93), all of which intended to encourage the rapid adoption of electronic signatures and decrease use of antiquated paper methods. Each of these acts reinforces the validity of electronic agreements. According to ESIGN, for example, a contract “may not be denied legal effect, validity, or enforceability solely because an electronic signature o
Yes. Documents executed online with electronic signatures are legally valid and have the same legal standing as paper documents executed by hand. It is highly likely that you have already contracted online. For example, when you click on an “I Agree” button on the internet, you are usually a party to what is known as a Clickwrap Contract. Also, when you purchase goods online, you are a party to a legally binding contract. RightSignature’s technology is in full compliance with the 2000 U.S. Electronic Signatures in Global and National Commerce Act (ESIGN) and the Uniform Electronic Transactions Act (UETA), as well as the European Directive (EC/1999/93), all of which intended to encourage the rapid adoption of electronic signatures and decrease use of antiquated paper methods. Each of these acts reinforces the validity of electronic agreements. According to ESIGN, for example, a contract “may not be denied legal effect, validity, or enforceability solely because an electronic signature o
