Electronically signing refers to the process of verifying the authenticity of a digital document in order to make it legally binding. It involves using an electronic signature, which can be defined as any type of symbol, sound, or data that is used to represent a person’s identity and acts as the equivalent of their handwritten signature. This process provides more security and convenience than traditional methods, making it a preferred choice for businesses dealing with high volumes of documents. With electronically signing, parties are able to quickly and easily complete transactions as well as maintain a record of all documents signed.
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