Essay
Figure 1.2
Using the figure above, identify the labeled part.
-Label H: ______________________________
Definitions:
Electronic Records
Digital form of information storage, used across various sectors for efficient and accurate information management.
Uniform Electronic Transactions Act
A law adopted by many states in the U.S. that establishes the legal validity of electronic records and signatures in commercial and governmental transactions.
Electronic Contracts
Agreements formed, signed, or executed electronically, which are legally binding under electronic commerce laws.
Statute of Frauds
A legal principle requiring certain contracts to be written and signed by the parties involved to be enforceable.
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