The answer is valid! At present, online auction has been widely recognized at home and abroad. China has also formed a system of online auction rules supported by laws and regulations such as Auction Law, Electronic Signature Law, Electronic Commerce Law, and national standards and normative documents such as Regulations on Online Auction (GB/T 32674-20 16). As long as the procedures and operation methods of online auction conform to the relevant national laws and regulations and the rules of online auction, the rights and interests of all parties in online auction activities can be effectively safeguarded and their effectiveness can be confirmed by law.

So is it ok to sign the relevant auction documents online?

The answer is yes! In the whole auction process, it involves contract documents such as entrusted auction contract, bidding contract and transaction confirmation.

According to Article 3 of the Electronic Signature Law: "In civil activities, the parties may agree to use or not use electronic signatures and data messages. If the parties agree to use electronic signatures or data messages, they shall not deny their legal effect just because they are in the form of electronic signatures or data messages. "

Article 48 of the Electronic Commerce Law stipulates that the behavior of the parties in electronic commerce to conclude or perform a contract by using the automatic information system has legal effect on the parties who use the system. In e-commerce, the parties are presumed to have corresponding civil capacity.

Therefore, the relevant contracts of online auction activities can be signed and concluded through the automatic information system of online platform.