Wednesday, April 27, 2005
Despite the growth of electronic contracting, a great many people still prefer paper, according to a report from BNA's Electronic Commerce and Law journal. Enforceability of e-contracts isn't a problem, says the report. But paper still has advantages. The "cautionary" functions of a contract are easier to achieve through the formalities of a written document, and people still have confidence that paper is more secure than the little digits, or pixels, or whatever they are on the computer.