What device was used to sign the contract.You can ask someone to witness a wet ink signature being added to a contract, but there are usually no records of the signature beyond that.īut when you sign a contract electronically through a platform like Juro, an immutable document record is created by default. More secure than wet ink signaturesĮlectronic signatures also offer an extra layer of security compared to traditional wet ink signatures. This flexibility makes it quicker and easier for businesses to get agreements signed, wherever they are. The ability to sign contracts online enables parties to sign contracts remotely and collaborate on contracts from anywhere in the world.Ĭontracts can be signed over email, via mobile technology, or in-browser using a contract management solution like Juro. Signing contracts electronically removes the need for parties to be in the same room to close a deal or sign a contract. That’s why it’s always important to check where eSignatures are accepted before using them. This can be achieved by inserting a signature in the digital document, usually in a signature box.Ĭertain jurisdictions will have more specific requirements about what makes an eSignature valid, though. This means it needs to be clear that the signatory actually intended to sign the agreement. What is accepted as an electronic signature?Īny electronic process that confirms and communicates an individual's agreement to certain terms can constitute an eSignature. Instead, they can sign documents digitally on any device and in an environment that suits them. The main purpose of an electronic signature is to empower individuals and businesses to sign documents online in a legal, secure and efficient way.Įlectronic signatures enable signatories to close deals, form new relationships and set terms without having to meet in-person. What is the purpose of an electronic signature?
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