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Q
a lawful contract must have two wet ink signatures
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
The assertion that a lawful contract must have two wet ink signatures is not universally accurate. Modern legislation in many jurisdictions recognizes electronic signatures as legally binding, adhering to laws like the U.S.’s Electronic Signatures in Global and National Commerce Act (ESIGN) and the European Union’s eIDAS regulation. These legal frameworks equate electronic signatures with traditional wet ink signatures under most circumstances, thereby expanding the methods by which a contract can be considered valid. However, certain documents may still require a handwritten signature to be legally binding, depending on local laws and the nature of the document. Therefore, while wet ink signatures are still common and may be preferred in some cases, they are not a strict requirement for a lawful contract in many legal systems.
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