From The Jolly Contrarian
Jump to navigation
Jump to search
Caption text
| Method |
Legally Effective? |
Validation |
Audit trail |
Certainty of terms |
Fraud/forgery risk |
Speed |
Hassle |
Cost |
Overall
|
| Wet signatures in person
|
Yes.
|
Duly executed authorised signatories list
|
Yes, if you get an authorised signatories list.
|
Good
|
Low. Requires an imposter.
|
A palaver.
|
Lots. everyone has to flog from miles around to a central place. Very pre-COVID and not ESG-friendly these days. But hey: Closing Dinner!
|
Potentially lot. Especially in terms of time.
|
Rubbish. Life is far too fast, and short, for this carry-on.
|
| Wet signatures remotely
|
Yes for most commercial contracts.[1]
|
Duly executed authorised signatories list
|
Yes, if you get an authorised signatories list.
|
Good.
|
Significant. Easy to cut and paste a tiff. JC has seen it done.
|
Some faffing around organising signature pages.
|
All very internety.
|
Pretty good.
|
Better tan. Life is far too fast, and short, for this carry-on.
|
| Fully Digital execution |
Example |
Example |
Example |
Example |
Example |
Example |
Example
|
- ↑ Careful with deeds and security arrangements (which are usually executed by deed).