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How did E sign the treasure contract?
The Electronic Design Law establishes the legality of signing contracts and documents online, simplifies business operations and eliminates the paper burden on consumers. Anyone who has ever applied for a loan on the sofa in the living room or opened a bank account at 2 am can attest that doing business online makes life more convenient. Most people may not realize that the ESIGN Act (formally called the Electronic Signature Act in global and domestic businesses) has played an important role in letting consumers take advantage of these modern conveniences.

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From the beginning, the Design Act received strong support from Congress. Senator Spencer Abraham from Michigan is one of the most enthusiastic supporters. He believes that the bill will stimulate e-commerce by eliminating concerns about the fragility of electronic contracts. In the House of Representatives, Congressman Tom Blilly and Congressman Anna Eshu were the first two legislators to express their interest in merging e-commerce contracts.

1999 introduces some bills related to e-commerce. In a year's time, these bills were revised, expanded and finally merged. Senate Bill 76 1 and House Bill 17 14 have the same goal of promoting e-commerce while maintaining technology neutrality. Although the scope of HR 17 14 was initially narrow, it was later expanded to include more consumer protection clauses. By June 30, 2000, Bill? When President Clinton signed the electronic signature bill into law, some states had already passed laws on the preservation of electronic records. However, what the ESIGN act does for the country is to establish a federal safety net to ensure that electronic contracts are legal for interstate and global enterprises.