The contract signed by Fada is legally binding, and the contract signed by Fada is legal and valid.

1. Basic introduction: Fada is the leading cloud service platform for electronic contracts and electronic signatures in China. Based on legal digital signature technology, Fada strives to provide enterprises, governments and individuals with online collaborative signing and management of electronic contracts and electronic documents.

2. As of February 2022, the cumulative number of contract signings on the Fada platform has exceeded 6.3 billion, the average daily signature call has exceeded 20 million times, and the blockchain height has exceeded 40 million. More than 3,000 industry benchmark companies and more than 100 of the world/China's top 500 companies have the same selection method: Tencent, Microsoft (China), SAP, Meituan, Ctrip, Yuexiu Real Estate, Poly Real Estate, Red Star Macalline, and XCMG Group, Gree, China Telecom, Peacebird, Haidilao, New Oriental, Xiaohongshu, etc. More than 200 courts have actual precedents recognizing the legal validity of electronic contracts.

3. Judgment basis:

1. Valid contract: Any contract that meets the requirements that the actor has corresponding capacity for civil conduct, the expression of intention is true, and does not violate the validity of laws and administrative regulations. Contracts with these three conditions, stipulations and public order and good customs, are all valid contracts. If any of these conditions are not met, the validity of the contract will be affected, which will lead to the contract being invalid, revocable, or the validity of the contract is pending.

2. Invalid contract:

(1) Contract signed by a person without capacity;

(2) The content violates the validity of laws and administrative regulations Mandatory regulations or contracts in good public order;

(3) Contracts signed with false intentions;

(4) Contracts signed with malicious intent to damage the legitimate rights and interests of others;< /p>

(5) A contract signed in a legal form to cover up illegal purposes.

Legal Basis

Article 13 of the "Electronic Signature Law of the People's Republic of China" If an electronic signature meets the following conditions at the same time, it is deemed to be a reliable electronic signature:

(1) When the electronic signature production data is used for electronic signature, it is exclusive to the electronic signer;

(2) When signing, the electronic signature production data is only controlled by the electronic signer;

(3) Any changes to the electronic signature after signing can be discovered;

(4) Any changes to the content and form of the data message after signing can be discovered. The parties may also choose to use an electronic signature that meets their agreed reliability conditions.