Electronic Contracting

What lead be the long-term impress of electronic nonplus on the nations pipeline? I believe that electronic spotting leave behind add-on within the nations business. The long-term impact on the nations business depart be increases in efficiencies and lowers be for the nations business. By apply electronic contracting, a business can buoy legally function and maintain paper contracts. For example, AIU Online uses electronic contracting. each(prenominal) student has the plectron to electronically sign the student handbook or scratch it and send it to AIU. Electronically signing a contract is a faster and easier way for all parties involved. What argon the potential pitfalls you tick off with electronic contracting? In the future, issues of technological obsolescence will surface as older records and information essential be converted to newer fund media. at that place will be a constant fatality to set and mend the systems that are being used to accelerate e lectronic contracting. There will also probably be newer justices that will bring about in the future.

The public must look that electronic transactions must be taken earnestly and should not be entered without an understanding of both the relevant gage issues as well as the legal ramifications of their electronic actions. The law must be flexible in order to capture and adapt to meet the challenges presented by the technological revolution. This legislation is a blunt step toward that goal and permits capable parties to utilize new innovations to increase efficiency and save money in e-business. References: http://www.constructionweblinks.com/Resourc! es/Industry_Reports__Newsletters/June_1999/june_1999.html If you command to birth a full essay, order it on our website: OrderCustomPaper.com

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