MANAGEMENT 214
MIS AND COMPUTER
1. Compare and contrast Philippine e-commerce law and US.
1. How are they similar?
Both laws were on the same objective of facilitating domestic and international dealings, transactions arrangement, agreements and storage of information through the use of technology through legalizing and giving equal value the transaction done electronically as of the one done with paper works, like these laws provide and mandate that the electronic signature and hand written signature in a contracts will be of no different given certain requirements to be met and therefore subject to same legal scrutiny of authenticity that applies to paper documents, both laws permit contracting parties to take advantage of the efficiencies that only the digital world can offer, also these laws do not limit, alter or affect any requirement imposed by any regulation or rule of law other than the requirement that contracts or other records be written, signed or in non electronic form, Both laws still preserve the right of every person to perform hand written signatures and do not require individual to do it electronically, these were just some of the similarities of E-commerce law of the Philippines and of that of the US which were given enough emphasis by the government of both countries.
2. How are they different?
The E-commerce law of the Philippines shall apply to any kind of electronic document used in the context of commercial and non-commercial activities to include domestic and international dealings, transactions, arrangements, agreements, contracts and exchanges and storage information while Electronic Signatures in Global and National Commerce Act of US also known as E-SIGN does not apply to all writings in terms of scope, it applies only to “any transaction in or affecting interstate or foreign commerce” to which “transaction” being defined as an action or set of actions relating to the conduct of