On June 30, 2000, Congress enacted the Electronic Signatures in Global and National Commerce Act ("ESIGN" or "the Act"), to facilitate the use of electronic records and signatures in interstate and foreign commerce by ensuring the validity and legal effect of contracts entered into electronically. Yet many do not understand how their business can be compliant with the E-SIGN Act.
First we need to understand that E-SIGN, in section 101(b) does not require people to use electronic signatures. When electronic signatures are used then Sub-section (c), in direct support of (b), requires a âConsumer Disclosureâ that the consumer also "consent electronically, in a manner that reasonably demonstrates that the consumer can access information in the el View the rest of this article
Wednesday, November 14, 2007
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