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Electronic Signatures: A Guide For Alberta Businesses - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Electronic signatures or e-signatures have been in use in Canada for over two decades. Their use and acceptance have become more necessary and more widely accepted because of the COVID-19 pandemic, as people have to rely on the use of e-signatures in situations where they would have previously provided their signatures in-person. Currently, in Alberta most commercial agreements can be signed electronically except where expressly excluded by the parties, including, but not limited to: (i) sales agreements; (ii) service agreements; (iii) user manuals; (iv) purchase orders; (v) lease

Virtually Guaranteed: Amendments To Alberta s Guarantees Acknowledgment Act - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Most forms of franchise agreements require the provision of a personal guarantee by the franchisee shareholders to guarantee the franchisee corporation s obligations under the agreement. In all provinces and territories in Canada, aside from Alberta, this guarantee is effected by having the guarantors bind themselves by executing a personal guarantee agreement. In Alberta, however, there is an added step to obtaining a binding personal guarantee in addition to executing the guarantee agreement itself, due to the application of the Guarantees Acknowledgment Act (GAA). Originally enacted as a form of

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