What act recognizes electronic signatures as legally binding in commerce and business-related transactions?
A) Sarbanes-Oxley Act
B) Section 404 Act
C) Uniform Electronic Transactions Act
D) Contract Validation Act

Question

Quizplus · Accepted Answer

The Uniform Electronic Transactions Act (UETA) is a law in the United States that recognizes electronic signatures, contracts and records as legally binding in commerce and business-related transactions, as long as all parties involved agree to conduct the transaction electronically. UETA was first introduced in 1999 and has been adopted by 47 states in the US. The Sarbanes-Oxley Act and Section 404 Act are not directly related to electronic signatures. The Contract Validation Act does not exist.

What Act Recognizes Electronic Signatures as Legally Binding in Commerce