Traditional Contract
To draft, negotiate, and finalize a legally binding agreement when using paper contracts, you must meet with your contracting party in person. This may include multiple meetings to iron out the parameters of an agreement in a way that benefits both firms.
E Contract - electronic agreement
Electronic agreements, on the other hand, are legally enforceable papers that are created electronically. In other words, they are comparable to regular contracts except that the entire procedure is streamlined on a computer program.
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