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Tyco, SOL, And Ueta Tyco Term Paper

The UETA gives legal recognition to electronic records, electronic signatures, and electronic contracts. The UETA provides that a contract cannot be denied enforceability solely because it is in electronic form, or because an electronic form was used in its formation. If the law requires a written record, an electronic record satisfies the law. Furthermore, an electronic signature satisfies legal requirements for a signature. An electronic record or electronic signature is attributable to a person if it was the act of the person. An act of a person could be shown in any manner, including a demonstration of the efficacy of the security procedures applied to determine to whom the signature or record was attributable. If the law requires that a signature or record be notarized or otherwise verified, that requirement is satisfied if the electronic signature of a person authorized to verify the record or signature is attached to or logically associated with the signature or record.

Under the UETA, if a record has to be retained, that requirement is satisfied by the retention of an electronic record that accurately reflects the information set forth in the record and remains accessible for future reference.

Under the UETA, a record or signature cannot be excluded solely because it is in electronic form. Furthermore, the UETA provides guidelines for a trier of fact to use when determining the weight to be given an electronic signature....

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A contract can be formed by the interaction of electronic agents of the parties, even if no actual individual was aware of or reviewed the electronic agents' actions or the resulting terms and agreements. A contract could also be formed by the interaction of an electronic agent and an individual. However, the terms of the contract are not governed by the UETA, but by the substantive law applicable to the contract.
The UETA also governs when electronic records are to be considered sent and received. Under the UETA, an electronic record is sent when it enters an information processing system outside of the control of the sender, after being entered into an information processing system by the sender. It is received when it enters an information processing system designated by the recipient, from whom the recipient is able to retrieve the electronic record, and is in a form capable of being processed by that system.

Works Cited

Cohen, Andrew. "Tyco Mistrial: Blame the Media." CBS News. 2004. CBSNEWS.COM. 19

January 2005

.

'Tyco Mistrial." Online Newshour. 2004. PBS. 19 January 2005

.

Va. Code § 59.1-508.5 (2000).

Va. Code § 59.1-479 et seq. (2000).

Sources used in this document:
Works Cited

Cohen, Andrew. "Tyco Mistrial: Blame the Media." CBS News. 2004. CBSNEWS.COM. 19

January 2005

.

'Tyco Mistrial." Online Newshour. 2004. PBS. 19 January 2005
.
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