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ARTICLE · 20 APRIL 2020

COVID-19 Impact: Electronic Signatures In Commercial Transactions

Cassels
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Cassels

Cassels Brock & Blackwell LLP is a Canadian law firm focused on serving the transaction, advocacy,...

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With all but essential workers now working from home, more than ever, parties are turning to technology to assist with closing transactions

CanadaCoronavirus (COVID-19)

With all but essential workers now working from home, more than ever, parties are turning to technology to assist with closing transactions and planning to increase their usage of electronic signature (eSignature) platforms, such as DocuSign.

What is an eSignature?

An eSignature is the electronic equivalent of a hand-written signature. Whether a signature is paper-based or electronic, the underlying purpose of the signature is the same – a signature links a person to a document (or transaction) and typically provides evidence of that person's intent to approve or to be legally bound by its contents1 and of the signatory's identity2. Electronic signatures vary greatly and will depend on the technology utilized but they are in, attached to, or otherwise associated with the document being signed.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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