¶ … electronic signatures as is used for the purposes of e-commerce. The writer explores their use, their problems and some of the legislature for their use. The primary focus is on the differences and similarities in three states regarding electronic signatures. There were three sources used to complete this paper.
With the advent of the internet came the ability to sign for things electronically. Electronic signatures have become a topic of debate as people are able to purchase things online, sign contracts online and perform banking functions online. The problem stems from two main areas. The first problem is the fact that electronic signatures are easily "forged" while the second problem revolves around the fact that different states mandate different laws when it comes to the care, use and legality of using electronic signatures.
There has been talk of mandating electronic signatures from a federal level but thus far it is still a joint responsibility (Thibodeau, 1999).
The Electronic Signature in Global and National Commerce Act, or E- Sign bill, sponsored by House Commerce Committee Chairman Tom Bliley (R-Va.), would set a national standard for electronic signatures and put them on legal par with written signatures. Businesses say they need a consistent national standard to conduct transactions across state lines. But the E-Sign bill has raised concerns...
(SEAL, Sec 3(g)) The following section tells us when electronic authentication may be used: a) ELECTRONIC AUTHENTICATION OF DOCUMENTS, INFORMATION, AND IDENTITY- (1) IN GENERAL- A financial institution may use electronic authentication in the conduct of its business if it has entered into an agreement regarding the use of electronic authentication with any counterparty, or if it has established a banking, financial, or transactional system using electronic authentication. (SEAL, Section 6f) The Bill
E-Commerce Security Measures The Internet has positively created new life in business commerce, through website development. It has also opened up a new way for criminals to steal secret data of businesses and information regarding clients' banks details and contacts. This has made customers to becoming rapidly more aware of the websites they visit and where they input their personal information to avoid fraud cases (Corr S. Pondent, 2009). However, e-commerce security
All these aspects of a B2B transaction, when consistently executed on, create a level of trust that becomes one of the strongest and most unassailable differentiators there are in a market. Companies occupying the second highest layer, Collaborating, are using portals and other Internet-based tools to maximize information sharing and co-development of strategies and the co-sharing of communications tools and ultimately platforms. Security, DRM and digital signature strategies all aimed
The approach Sony continues to take is one of concentrating on continual process improvement to become more agile and resilient in the face of environmental factors (Olenick, 2010) while at the same time seeking to comply with national requirements for sustainability and green initiatives including supply chain compliance (Svensson, 2009). Legal Factors -- Sony has a culture that embraces learning as a virtue, and continually strives to gain insights from
OMMERCE E-Commerce E- Commerce E- Commerce E-commerce revolution has immensely affected all the industries, including the real estate industry. By using websites the real estate agents can transmit the information about the properties to a wide range of people. In addition to that, it can also enable the real estate agents to set up information communication channels directly between the real estate agencies, investors and developers. By mass media advertisements, the retailers can target
digital signatures that it ensures authentication. Explain how and why it does that. A digital signature is a unique and verifiable "signature" that allows for the reliable and proper determination of whether a file or message is form the person that is otherwise displayed and represented in the message. It is done because it can prove in a definitive way that the sender is who they say they are. What is
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