Sample on Uniform Electronic Transaction Act

Sample on Uniform Electronic Transaction Act Uniform Electronic Transaction Act Mar 26, 2018 in Case Studies Introduction The Uniform Electronic Transactions Act constitutes of concisely twenty one sections. The Act is intentioned to be a procedural act that provides a legal framework that provides a means for electronic transactions. The Act compliments the legal gap that exists due to the conversion of paper records and transactions by most entities into electronic media. The intention of the Act is, however, not to lead to establishment of new substantive rules. The Act establishes the recognition of legal signatures and records through the electronic means. It, thus, provides a breakthrough from the manual paper work to the electronic record. The Act provides recognition in regard to the electronic records. The Act also provides for the doctrine of attribution which binds the actions of an individual to the electronic signature and record of the individual transaction. This provides the security to the contracting parties in case of denial by one party.