Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Statute of Frauds was created to combat fraud.By requiring certain contracts to be in writing, this law on many levels achieved its goal for

The Statute of Frauds was created to combat fraud.By requiring certain contracts to be in writing, this law on many levels achieved its goal for over three hundred years.However, in the 1980s, technology changed the way business was conducted in the United States.The fax machine first ushered in this new era, quickly followed by email.Today, even more technologically advanced contracts are utilized.Many of these contracts are signed electronically.Courts have ruled that emails, digital images of handwritten signatures and even clicks of an "I accept" button on a website constitute sufficient writings that satisfy the requirements of the statute of frauds.

Some argue that these electronic examples are in many ways superior to their paper predecessors.Do you agree or disagree?Why or why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Regulation Law Science And Policy

Authors: Robert V. Percival, Christopher H. Schroeder, Alan S. Miller, James P. Leape

9th Edition

1543826164, 978-1543826166

More Books

Students also viewed these Law questions

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago