Electronic Signatures and Electronic Contracts, What Are They?
To start with, an electronic contract is a document that is created, transmitted and signed, all in electronic form. This means there is no waste of paper or postage fees. In addition, “clickwrap” or “clickthrough” contracts are another form of an electronic contract. These contracts are typically found in user agreements attached to software. The user of the software must click “I Agree” at the end of the user agreement before the software license becomes official and the software becomes usable. There are a number of ways that people have found to put down their electronic signatures. One way is to initial where the electronic contract says to, or to type in a full name. Other methods include clicking an “I Agree” button, or even scanning and pasting in an image of a person’s real signature.