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Such relation back or forward contravenes no principle of law and is determined by the intent of the parties as deduced from the instrument itself.” As a practical matter, the proper date to put on an agreement is something that corporate counsel is likely to have to make a judgment call on quite often.
This is because documents take time to draft, negotiate and execute.
In the US, however, there seems to be have been much more consideration of the issue (at least according to my Google search results).
Despite recent controversies surrounding the backdating of executive stock options, the general attitude in the US is that backdating is not wrong (or right), per se.
Consumers must be given the opportunity to "consent electronically, in a manner that reasonably demonstrates that the consumer can access information in the electronic form that will be used to provide the information that is the subject of the consent." No Signature Required Sometimes, signatures aren't even required.
Business people with existing relationships can be considered to be in agreement when they exchange form contracts.
Also, as contracts continue to move into paperless electronic formats, the criteria for what constitutes a "signature" has been substantially broadened.
As long as it adequately records the intent of the parties involved in a contractual agreement, it's considered a valid signature.
Usually this mark is made by a pen, but not necessarily.
If the court can find these three things, that it will consider your contract binding. Play it Safe and Call an Attorney Whether it's a formal signature, an electronic signature, or simply an "x," you want to make sure the signatures on your contracts are valid.
Invalid contracts can result in wasted resources, lost opportunities, or worse.
Actually, there are a few, and this article will review some of the rules.