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Q.
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How Does SnapContract.com Work?
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First, create a contract by cutting and pasting the contract terms or by drafting up the terms from scratch. Next, add the contract parties and invite them to sign. Each party may then sign the contract electronically. For record retention, each party may view, store, email or print the contract.
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Q.
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What Is an E-Contract?
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An e-contract is an agreement created and signed electronically. Instead of a traditional ink signature, an electronic signature (e-signature) is used to complete the document.
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Are E-Contracts Legally Binding?
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A common myth is that there are no existing laws or regulations regarding e-contracts and electronic signatures. On the contrary, there have been laws passed in numerous countries to provide legal mandate for electronic transactions. Because of these laws, e-contracts are admissible in court and enforceable by law.
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What Is an E-Signature & How Does It Work?
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An electronic signature (e-signature) is "an electronic sound, symbol, or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record."(1) At SnapContract.com, in order to submit your electronic signature you must enter your name, select a checkbox that confirms your consent to the contract terms and click on a button labeled sign. Each e-signature is date and time stamped.
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How Are Contract Parties Authenticated?
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Contract parties are authenticated via their email addresses. In order to verify email account access, each party is required to retrieve their account activation code from their email address.
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What Is the Contract Jurisdiction?
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As in a paper contract, you must specify the location for resolution of disputes within the contract terms.
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What Is the Cost to Use SnapContract.com?
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SnapContract's service is offered FREE of charge!
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