Is an electronic contract legally valid? Explanation of reasons why paper and stamps are unnecessary and points to consider [How to choose an electronic contract | vol.1]
In response to concerns about whether operations in the cloud and electronic contracts without seals have legal validity, this series will explain how to choose a signature method. As a premise, this time we will clarify the legal treatment of electronic contracts. (Note that the preservation rules under the Electronic Books Preservation Act are a separate topic.)
---【Conclusion of this article】--------------------------------
- Electronic contracts are validly established without a written document according to the principles of civil law.
- The "paper" of a contract is not a requirement for the establishment of the contract, but rather a practical measure to retain evidence of the contract.
- However, there are exceptions where certain contracts require a written document as mandated by law.
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