Talk:Electronic execution: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{| class="wikitable" style="font-family: Helvetica, sans-serif; font-size: 70%; " |+ Caption text {{aligntop}} ! Method !! Legally Effective? !! Validation !! Audit trail !! Certainty of terms !! Fraud/forgery risk !! Speed !! Hassle !! Cost !! Overall {{aligntop}} | Wet signatures in person {{cellgreen}} Yes. {{cellorange}} Duly executed authorised signatories list {{cellgreen}} Yes, if you get an authorised signatories list. {{cellgreen}} Good {{cellgreen}} Low..." |
Amwelladmin (talk | contribs) No edit summary Tags: Mobile edit Mobile web edit Advanced mobile edit |
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! Method !! Legally Effective? !! Validation !! Audit trail !! Certainty of terms !! Fraud/forgery risk !! Speed !! Hassle !! Cost !! Overall | ! Method !! Legally Effective? !! Validation !! Audit trail !! Certainty of terms !! Fraud/forgery risk !! Speed !! Hassle !! Cost !! Overall | ||
{{aligntop}} | {{aligntop}} | ||
| Wet signatures in person {{cellgreen}} Yes. {{cellorange}} | | Wet signatures in person {{cellgreen}} Yes. {{cellorange}} [[incumbency certificate]]. {{cellgreen}} Yes, with an [[incumbency certificate]]. {{cellgreen}} Good {{cellgreen}} Low. Requires an imposter. {{cellpink}} A palaver. {{cellpink}} Lots. everyone has to flog from miles around to a central place. Very pre-[[COVID-19|COVID]] and not [[Environmental, social and corporate governance|ESG]]-friendly these days. But hey: Closing Dinner! {{cellpink}} Potentially lot. Especially in terms of time. {{cellpink}} Rubbish. Life is far too fast, and short, for this carry-on. | ||
{{aligntop}} | {{aligntop}} | ||
| Wet signatures remotely {{cellgreen}} Yes for most commercial contracts.<ref>Careful with deeds and security arrangements (which are usually executed by deed).</ref> {{cellorange}} | | Wet signatures remotely {{cellgreen}} Yes for most commercial contracts.<ref>Careful with deeds and security arrangements (which are usually executed by deed).</ref> {{cellorange}} [[incumbency certificate]].{{cellgreen}} Yes, with an [[incumbency certificate]]. {{cellgreen}} Good. {{cellpink}} Significant. Easy to cut and paste a tiff. JC has seen it done.{{cellorange}} Some faffing around organising signature pages. {{cellgreen}} All very internety. {{cellgreen}} Pretty good. {{cellpink}} Better tan. Life is far too fast, and short, for this carry-on. | ||
{{aligntop}} | {{aligntop}} | ||
| Fully Digital execution || Example || Example || Example || Example || Example || Example || Example | | Fully Digital execution || Example || Example || Example || Example || Example || Example || Example | ||
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Latest revision as of 21:13, 29 August 2024
| Method | Legally Effective? | Validation | Audit trail | Certainty of terms | Fraud/forgery risk | Speed | Hassle | Cost | Overall |
|---|---|---|---|---|---|---|---|---|---|
| Wet signatures in person | Yes. | incumbency certificate. | Yes, with an incumbency certificate. | 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] | incumbency certificate. | Yes, with an incumbency certificate. | 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).