How Contracts and Electronic Signatures Impact Small Business?

How Contracts and Electronic Signatures Impact Small Business?
by

1 Answer

Answer :

The rapid advances in technology have ultimately led toelectronic signatures replacing a printed copy of a contract.Before the Electronic Signatures in Global and National CommerceAct (ESIGN) was passed, the authority of an electronic signaturecould be challenged. Now, two parties can have enforceable andvalid legal rights held within a contract without meeting in personto seal the deal. Small businesses that have an increasing presenceon the internet are huge beneficiaries of this law. Business tobusiness contracts such as supplies and services are streamlinedwith a much faster system. The cost of faxing or using mailservices could be eliminated by conducting business online.Nearly all states in the U.S. have adopted the UniformElectronic Transactions Act (UETA), which provides intrastate
by
selected by

Related questions

Which is/are the main provisions of Information Technology (IT) Act, 2000? 1) Finalisation of contracts through electronic media. 2) Legal recognition to digital signatures and documents. 3) Making hacking with computer system an office. 4) All of the above

Description : Which is/are the main provisions of Information Technology (IT) Act, 2000? 1) Finalisation of contracts through electronic media. 2) Legal recognition to digital signatures and documents. 3) Making hacking with computer system an office. 4) All of the above

Last Answer : 4) All of the above

Why do people put their email addresses in their email signatures?

Description : Why do people put their email addresses in their email signatures?

Last Answer : I don’t do that myself (I do include my website, which is also kind of a “well duh” move). My best guess is that it’s easy to cut and paste into an address book that way. My pet peeve is people who put something like “A message from Joe Blow” in the subject line. Speaking of “well duh”...

How many signatures do I need for a referendum?

Description : How many signatures do I need to submit a referendum in Hungary? Now they want to start a referendum on the Olympics. How many signatures are currently being held?  

Last Answer : 110,000 signatures have been collected so far, and I think 200,000 signatures are needed for a referendum to begin. According to the statements, approx. 10-15 percent of signatures may be invalid ... only the people of Budapest will do well, as the developments in Budapest will gain momentum.   

i recieved a signed limited edition heisman trophy football. one of the signatures could be the first heisman trophy winner from 1935. how can i make sure of this signature and how can i find out how much this football might be worth?

Description : i recieved a signed limited edition heisman trophy football. one of the signatures could be the first heisman trophy winner from 1935. how can i make sure of this signature and how can i find out how much this football might be worth?

Last Answer : There are professionals who specialize in Sports Memorabilia who can verify the authenticity of the signature by comparing it to bonafide examples. Given your New Jersey location, contact GrandStand Sports Memorabilia in New York City at 1-888-78-GRAND. Someone there can direct you to the next step.

How to Use a Wacom Bamboo Tablet to Draw, Make Art, Produce Signatures on Your Computer?

Description : How to Use a Wacom Bamboo Tablet to Draw, Make Art, Produce Signatures on Your Computer?

Last Answer : Wacom has been an industry name for some time now, having first entered the tablet peripheral game in 1992 and capturing the lion’s share (over 80% in both Japan and abroad) of the ... designer out there as imagery and image creation moves into the 21st century, largely leaving paper behind.

What do you call a short bit sequence sent typically 128 bits in digital signatures? A. Hash B. Public key C. Private key D. Password

Description : What do you call a short bit sequence sent typically 128 bits in digital signatures? A. Hash B. Public key C. Private key D. Password

Last Answer : A. Hash

Court will take judicial notice of the following - a) All laws in force in territory of India b) The accession to office names, titles, functions and signatures of the persons filling for the time being any public office in any state if the fact of their appointment to such office is notified in any official gazette. c) The commencement continuance and termination of hostilities between the Government of India and any other state or body d) All the above

Description : Court will take judicial notice of the following - a) All laws in force in territory of India b) The accession to office names, titles, functions and signatures of the persons filling  for the ... of hostilities between the  Government of India and any other state or body d) All the above

Last Answer : d) All the above

Which among the following is correct about the Antivirus Programs: a) They contain a database of signatures for all known viruses and worms b) The software searches a computer for the presence of these signatures c) Both of Above d) None of These

Description : Which among the following is correct about the Antivirus Programs: a) They contain a database of signatures for all known viruses and worms b) The software searches a computer for the presence of these signatures c) Both of Above d) None of These

Last Answer : c) Both of Above

In the question a part of the sentence is given in BOLD. Alternatives to the BOLD part are given which may improve the construction of the sentence. Select the correct alternative. There are not many men who are so famous that they are frequently referred to by their short names only (a) initials (b) signatures (c) pictures (d) middle names

Description : In the question a part of the sentence is given in BOLD. Alternatives to the BOLD part are given which may improve the construction of the sentence. Select the correct alternative. There are not many men who ... to by their short names only (a) initials (b) signatures (c) pictures (d) middle names

Last Answer : (a) initials

One of the problems with using SET protocol is a. the merchant’s risk is high as he accepts encrypted credit card b. the credit card company should check digital signature c. the bank has to keep a database of the public keys of all customers d. the bank has to keep a database of digital signatures of all customers

Description : One of the problems with using SET protocol is a. the merchant's risk is high as he accepts encrypted credit card b. the credit card company should check digital signature c. the bank has to ... of all customers d. the bank has to keep a database of digital signatures of all customers 

Last Answer : c. the bank has to keep a database of the public keys of all customers

When a method in a subclass has the same name and type signatures as a method in the superclass, then the method in the subclass .................. the method in the superclass. (A) Overloads (B) Friendships (C) Inherits (D) Overrides

Description : When a method in a subclass has the same name and type signatures as a method in the superclass, then the method in the subclass .................. the method in the superclass. (A) Overloads (B) Friendships (C) Inherits (D) Overrides

Last Answer : (D) Overrides

Contracts made after incorporation but before the grant of Certificate of commencement of Business _________ A. Provisional contracts B. Pre incorporation contracts C. Preliminary contracts D. Both (b) & (c)

Description : Contracts made after incorporation but before the grant of Certificate of commencement of Business _________ A. Provisional contracts B. Pre incorporation contracts C. Preliminary contracts D. Both (b) & (c)

Last Answer : A. Provisional contracts

The electronic industry has made an impact on both entertainment and education. -SST 10th

Description : The electronic industry has made an impact on both entertainment and education. -SST 10th

Last Answer : Electronic industry with mass scale integration process has produced computers, servers, displays, TVs and cameras, telephones exchanges etc., to enable capture and broadcast news, advertisements, cinema, ... over the country and overseas, thus revolutionising the life style of the Indian masses.

How enforceable are cell phone contracts?

Description : How enforceable are cell phone contracts?

Last Answer : You signed a contract; it is it enforceable !

Looking for an attorney to draw up contracts with contractors, architects, and interior designers. Where do I start looking?

Description : Looking for an attorney to draw up contracts with contractors, architects, and interior designers. Where do I start looking?

Last Answer : Oops… sorry. I thought this was spam. That wasn’t a real answer. I did up a big house that was built the turn of the century and almost left untouched. I hired a general contractor and he and his wife had it all on their shoulders.

Are contracts binding once you sign them?

Description : Are contracts binding once you sign them?

Last Answer : Written contracts are legally binding. only can changes be made, if both parties agree to the changes and a new written contract developed and signed by both parties.

Incompetence or conspiracy? Bird flu mixed with human flu vaccines and blacklisted defense contractors awarded contracts.

Description : Incompetence or conspiracy? Bird flu mixed with human flu vaccines and blacklisted defense contractors awarded contracts.

Last Answer : It is all incompetence. The real question is: Is it the incompetence of our leaders or the incompetence of the people that elect the leaders?

Can I use Google Voice to have a free cell phone service with no contracts?

Description : Can I use Google Voice to have a free cell phone service with no contracts?

Last Answer : Nope. You route already existing numbers through the number they give you.

COmpare marriage contracts to ordinary contracts?

Description : COmpare marriage contracts to ordinary contracts?

Last Answer : Marriage contracts are a special form of contract where-by a duty of good faith is placed on both people during negotiations. Thus, a key necessity of marriage contracts is financial disclosure. ... the agreement.Normal contracts however, depends on what you're talking about. Many different types.

When the right ventricle contracts the blood is pump is to `:-`

Description : When the right ventricle contracts the blood is pump is to `:-`

Last Answer : When the right ventricle contracts the blood is pump is to `:-` A. Superior vena cava B. Dorsal aorta C. Pulmonary aorta D. Pulmonary veins

Can banks assign their loan contracts to other firms?

Description : Can banks assign their loan contracts to other firms?

Last Answer : Need answer

What law allows the Government to take remedial actions against contracts for acts that directly support or advance trafficking in persons?

Description : What law allows the Government to take remedial actions against contracts for acts that directly support or advance trafficking in persons?

Last Answer : There are several laws concerning human slavery and sex trafficking. The 14 amendment establishes due process and makes slavery legal. Federal Laws address slavery and the traffic in humans. This can include charges of kidnapping, profits from sex or drug trades.

What explains why unions give workers more power in contracts negotiation?

Description : What explains why unions give workers more power in contracts negotiation?

Last Answer : Employers can't fire an entire union because of the difficultyof replacing every worker.

What are the two types of contracts?

Description : What are the two types of contracts?

Last Answer : Concentric and eccentric movements.

What effect did the ''sanctity of contracts '' have on state governments' power?

Description : What effect did the ''sanctity of contracts '' have on state governments' power?

Last Answer : It limited the power of states to regulate businesses

Future Contracts Calculator?

Description : Future Contracts Calculator?

Last Answer : Future Contracts CalculatorUse this calculator to determine the number of futures contractsyou may wish to purchase based on your account equity and tradingplan. All investment plans should be ... the percentage of your equityinvestment that is at risk with a specific future contractpurchase.

The History of Future Contracts and Future Prices?

Description : The History of Future Contracts and Future Prices?

Last Answer : The future prices represent the agreed upon monetary value forcertain assets. The buyer and seller come to a compromise on whenthe asset will be sold; they also agree to a future date for ... on futureprices is supply and demand. This factor has the greatest influenceon the entire process. I

what is the best prepaid cell phone out there to choose from with unlimited text and talk esp. no contracts ?

Description : what is the best prepaid cell phone out there to choose from with unlimited text and talk esp. no contracts ?

Last Answer : Virgin Mobile The best prepaid cell phone out there (meaning the cheapest) to choose from with unlimited text and talk and no contracts seems to be Cricket. The next best deal seems to be Metro PCS.

Where can you download construction contracts?

Description : Where can you download construction contracts?

Last Answer : You can download construction contracts at www.construction-contract.net.

Agreements and Contracts: When Are They Legal?

Description : Agreements and Contracts: When Are They Legal?

Last Answer : An agreement between two or more parties can indicate a legal contract. However, in order for that contract to be legally and lawfully binding, it must be signed by all individuals to whom ... also include which court jurisdiction will handle the disputes and which party must pay the attorney fees.

How to Work On Government Contracts?

Description : How to Work On Government Contracts?

Last Answer : Small businesses, large companies, and even contractors can become intimidated by government contracts. Even if this is the case, many different people understand that the key to a successful business is that business ... need to deal with costs that you are not prepared for. You may also want to p

Three servants were punished after they tried to escape. Two were white, and one was black. The white servants had their contracts extended; the black servant was ordered to serve for the rest of his life. Why were the punishments different?

Description : Three servants were punished after they tried to escape. Two were white, and one was black. The white servants had their contracts extended; the black servant was ordered to serve for the rest of his life. Why were the punishments different?

Last Answer : Because of the servants' race

When water is filled in a bottle and is allowed to freeze, the bottle breaks because _____? A. Water expands on freezing B. Bottle contracts at freezing point C. Temperature outside the bottle is less than that inside the bottle D. None of them

Description : When water is filled in a bottle and is allowed to freeze, the bottle breaks because _____? A. Water expands on freezing B. Bottle contracts at freezing point C. Temperature outside the bottle is less than that inside the bottle D. None of them

Last Answer : ANSWER: A

If water contracts on freezing, which of the following would happen? (a) Icebergs will completely float on the surface of water (b) Ice would become more dense (c) Lakes would freeze from top to bottom (d) Rocks will crack due to freezing of internal water

Description : If water contracts on freezing, which of the following would happen? (a) Icebergs will completely float on the surface of water (b) Ice would become more dense (c) Lakes would freeze from top to bottom (d) Rocks will crack due to freezing of internal water

Last Answer : Ans:(b)

One of the following statements about muscular responses is not true. Choose that one (a) A muscle fibre contracts in all-or-none fashion (b) There is a slight latent period that occurs between when the stimulus arrives at the muscle and when a muscle contracts. (c) Muscles will add motor units to a contraction, increasing the overall force of contraction (d) When a person is fully at rest, none of the muscles are contracting in the body

Description : One of the following statements about muscular responses is not true. Choose that one (a) A muscle fibre contracts in all-or-none fashion (b) There is a slight latent period that occurs between when ... contraction (d) When a person is fully at rest, none of the muscles are contracting in the body

Last Answer : Ans:(d)

When the Left Ventricle in the human heart contracts, the blood moves to the - (1) Brain (2) Pulmonary Artery (3) Aorta (4) Lungs

Description : When the Left Ventricle in the human heart contracts, the blood moves to the - (1) Brain (2) Pulmonary Artery (3) Aorta (4) Lungs

Last Answer : (3) Aorta Explanation: As the left ventricle contracts, the oxygenated blood is pumped into the main artery of the body — the aorta. To get to the aorta, blood passes through the aortic semilunar valve, which serves to keep blood flowing from the aorta back into the left ventricle.

Water pipes in hilly areas often burst on a cold frosty night, because – (1) The material of which pipes are made contracts due to cold and so breaks (2) Water in the pipes freezes and on freezing water expands, so pipes break (3) Frost makes the pipes rusty, so they break (4) None of these

Description : Water pipes in hilly areas often burst on a cold frosty night, because – (1) The material of which pipes are made contracts due to cold and so breaks (2) Water in the pipes freezes and on freezing water expands, so pipes break (3) Frost makes the pipes rusty, so they break (4) None of these

Last Answer : (2) Water in the pipes freezes and on freezing water expands, so pipes break Explanation: The temperature may fall below 0° C during cold frosty nights which converts the water inside the pipes into ice, ... in an increase in volume. This exerts great force on the pipes and as a result, they burst.

When a ring of metal is heated what happens to its hole? (1) expands (2) contracts (3) it expands or contracts according to its diameter (4) it expands or contracts according to its coefficient of expansion

Description : When a ring of metal is heated what happens to its hole? (1) expands (2) contracts (3) it expands or contracts according to its diameter (4) it expands or contracts according to its coefficient of expansion

Last Answer : (1) expands Explanation: The hole size will increase because in expansion the size between two molecules, do not increase so when the molecules on the outer edge move outward. Due to expansion, the ... expansion is the tendency of matter to change in volume in response to a change in temperature.

When hot-water is sprinkled on a hotter glass tumbler, it breaks because – (1) glass suddenly expands (2) glass suddenly contracts (3) water evaporates (4) glass reacts chemically with water

Description : When hot-water is sprinkled on a hotter glass tumbler, it breaks because – (1) glass suddenly expands (2) glass suddenly contracts (3) water evaporates (4) glass reacts chemically with water

Last Answer : (2) glass suddenly contracts Explanation: If the poured liquid is relatively hotter or colder in comparison to the tumbler, it will break. When hot water is poured into a tumbler there is an uneven increase in the thermal expansion of the walls of the vessel.

Which of the following statements is true regarding contracts? Select one: a. They are the filters through which project members screen information that is shared. b. They do not lend themselves to create an environment of trust. c. The success of larger, more complex projects is more dependent on contracts than on relationships of trust. d. Without contracts, projects that are highly dependent on an information-rich environment will suffer. e. Contracts promote the growth of a trusting project culture.

Description : Which of the following statements is true regarding contracts? Select one: a. They are the filters through which project members screen information that is shared. b. They do not lend ... information-rich  environment will suffer. e. Contracts promote the growth of a trusting project culture.

Last Answer : b. They do not lend themselves to create an environment of trust.

When a gas or a liquid is subjected to an increased pressure, the substance contracts, the bulk strain is defined as A. final volume ⁄ original volume B. final pressure ⁄ original pressureC. change in volume ⁄ original volumeD. original volume ⁄ change in volume

Description : When a gas or a liquid is subjected to an increased pressure, the substance contracts, the bulk strain is defined as A. final volume ⁄ original volume B. final pressure ⁄ original pressure C. change in volume ⁄ original volume D. original volume ⁄ change in volume

Last Answer : change in volume ⁄ original volume

When water is filled in a bottle and is allowed to freeze, the bottle breaks because A. Water expands on freezing (Answer) B. Bottle contracts at freezing point C. temperature outside the bottle is less than that inside the bottle. D. None of the above

Description : When water is filled in a bottle and is allowed to freeze, the bottle breaks because A. Water expands on freezing (Answer) B. Bottle contracts at freezing point C. temperature outside the bottle is less than that inside the bottle. D. None of the above

Last Answer : A. Water expands on freezing (Answer)

The outputs of the Close Project process include all of the following except for which one? A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Description : The outputs of the Close Project process include all of the following except for which one?  A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Last Answer : C. Lessons learned

Which of the following type of contracts is most preferable to the c4. B and Contractor doing the project work? 1. Cost plus fixed fee 2. Fixed price 3. Fixed price plus incentive free

Description : Which of the following type of contracts is most preferable to the contractor doing the project  work? 1. Cost plus fixed fee  2. Fixed price  3. Fixed price plus incentive free 4. B and C

Last Answer : 1. Cost plus fixed fee

Unlike consulting services, assurance services: a. Make recommendation to management. b. Report on how to use information. c. Are two-party contracts. d. Report on the quality of information

Description : Unlike consulting services, assurance services: a. Make recommendation to management. b. Report on how to use information. c. Are two-party contracts. d. Report on the quality of information

Last Answer : Report on the quality of information

In the case of contracts for mail cart lines, penalties and forfeitures for delays and other breaches of agreement, will be imposed by a) Superintendent of post office b) Sub divisional inspector c) Head of the circle d) None of these

Description : In the case of contracts for mail cart lines, penalties and forfeitures for delays and other breaches of agreement, will be imposed by a) Superintendent of post office b) Sub divisional inspector c) Head of the circle d) None of these

Last Answer : a) Superintendent of post office

Which of the following is not a document or record that should be examined early in the engagement? a. Corporate charter and by-laws. b. Contracts. c. Management letter. d. Minutes of board of directors' and stockholders' meetings

Description : Which of the following is not a document or record that should be examined early in the engagement? a. Corporate charter and by-laws. b. Contracts. c. Management letter. d. Minutes of board of directors' and stockholders' meetings

Last Answer : Management letter

Systemic heart refers to (a) the heart that contracts under stimulation from nervous system (b) left auricle and left ventricle in higher vertebrates (c) entire heart in lower vertebrates (d) the two ventricles together in humans.

Description : Systemic heart refers to (a) the heart that contracts under stimulation from nervous system (b) left auricle and left ventricle in higher vertebrates (c) entire heart in lower vertebrates (d) the two ventricles together in humans.

Last Answer : (b) left auricle and left ventricle in higher vertebrates

What advantage comes from trust between alliance partners? a) Trust enables partners to enter into detailed formal contracts. b) Trust makes partners more willing to share information. c) Trust increases relational risks. d) Trust causes partners to cheat on each other

Description : What advantage comes from trust between alliance partners? a) Trust enables partners to enter into detailed formal contracts. b) Trust makes partners more willing to share information. c) Trust increases relational risks. d) Trust causes partners to cheat on each other

Last Answer : Trust makes partners more willing to share information.