Compliance Mechanisms Under the E-SIGN Act

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Summary:

The article discusses the importance of compliance with the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) for businesses engaging in digital transactions. The article highlights three key areas of compliance: Obtaining Consent, Record Retention, and Notice Requirements. Businesses must secure explicit consent from consumers or partners, store electronic records accurately, and deliver notices in a format that can be retained. Compliance with these areas can mitigate legal risks and enhance consumer confidence in digital transactions.

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