Which of the following statements is true about e-signatures?
A) Laws governing e-signatures are uniform throughout the country.
B) E-signatures are not binding for contracts involving bank loans and brokerage accounts.
C) The Electronic Signatures in Global and National Commerce Act (E-SIGN) specifies that a digital signature requires password authentication.
D) The E-SIGN law makes e-signatures binding and allows consumers and businesses to sign contracts online.

Question

Quizplus · Accepted Answer

The E-SIGN law makes e-signatures binding and allows consumers and businesses to sign contracts online. This law was enacted to give e-signatures the same legal validity as handwritten signatures. However, e-signature laws may vary by state and country, and certain types of contracts may require additional authentication methods beyond just a digital signature.

Which of the Following Statements Is True About E-Signatures