The U.S. government and many states are now passing Uniform Electronic Transaction Act (UETA) laws that recognize the legal validity of electronic signatures and transactions.
While the UETA does not affect basic business-to-consumer (B2C) shopping on the Internet for products like books, CDs, clothing and other material items, it will have a large impact on more complex forms of e-commerce, such as the sale of insurance policies or other products that require signed contracts.
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Electronic Signatures Take Hold in U.S.
Posted by: Contributed by Dave Reddick February 17, 2000 12:00 AMThe U.S. government and many states are now passing Uniform Electronic Transaction Act (UETA) laws that recognize the legal validity of electronic signatures and transactions.
While the UETA does not affect basic business-to-consumer (B2C) shopping on the Internet for products like books, CDs, clothing and other material items, it will have a large impact on more complex forms of e-commerce, such as the sale of insurance policies or other products that require signed contracts.