1. An electronic contract must meet the following requirements: the party signing the electronic contract has passed the authentication of its real name, and the signature on the electronic contract is a reliable electronic signature recognized according to the Electronic Signature Law. This electronic contract has the same legal effect as the handwritten signature of the paper contract.
2. Legal basis: Article 13 of People's Republic of China (PRC) Electronic Signature Law.
An electronic signature shall be regarded as reliable if it meets the following conditions:
(1) When the data used to make the electronic signature is unique with the electronic signature, the data belongs exclusively to the electronic signer;
(2) The electronic signature data is only controlled by the electronic signer at the time of signature;
(3) Any changes to the electronic signature after signature can be found;
(4) Any changes to the content and form of the data message after signature can be found.
The parties can also choose to use electronic signatures that meet their agreed reliable conditions.
Second, does electronic contract have bad legal effect?
Electronic contracts have legal effect. The parties can also choose to use electronic signatures that meet their agreed reliable conditions. Both parties to the contract have full capacity for civil conduct, and the contract concluded according to the true wishes of both parties is a valid contract. Contracts can be signed by citizens, legal persons, individual industrial and commercial households, rural contracted households and other economic organizations. A contract concluded under untrue circumstances is invalid.
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