Legal Significance of Digital Signatures
A cornerstone of United States contract law is the general use of the Statute of Frauds to legally binding agreements. Emerging types of electronic commerce and new types of legally binding relationships have begun challenge the very idea of defining the four corners of an agreement. Numerous obstacles concerning authoritative relationships arise with the proliferation of electronic commerce, most eminently determining what constitutes a legitimate signature. Customarily, the Statute of Frauds is a collective term describing different statutory arrangements that…