What do I need to know about Electronic Signatures Law for Digital Signatures on my new internet business?



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Question:

I own a small business and I am thinking of starting an online store to reach more customers.  What do I need to know about Electronic Signatures Law in order to be able to protect myself and my business?

 

Answer:

With major advancements in technological capabilities throughout the world, more and more business owners are deciding to venture into the online marketplace.  While doing business online helps reach a much larger client base, business owners also run the risk of their site being hacked and their data being stolen.  To combat this problem, many websites are now using a electronic digital signature to communicate with customers and allow customers to login to business websites. 

Additionally, businesses benefit from the use of an Electronic Signature which allows a customer to legally sign a document and effectively adopt the terms.  Businesses should note that an Electronic Signature Contract is binding and creates a contract when the customer assets to terms.   In terms of enforceability of Electronic Signatures Law stipulates that an Electronic Signature is as effective as a hand-written signature.  By including safety and privacy provisions with digital signature protections, the validity of an Electronic Signature is less likely to be an issue in your online business.

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