A signed affidavit is a legally binding, written statement that is voluntarily signed and sworn to before an authorized witness. It is typically used in legal proceedings to confirm the facts of a case, including relevant events, circumstances, and personal information which have been declared as true by the signer. The witness who helps someone sign an affidavit must verify that the signer has read the contents of the document, understands it, and fully agrees with everything it states. This can help protect businesses from potential fraud or malicious activities. By providing verifiable evidence, a signed affidavit can be an invaluable tool for any business.