What is meant by an act of electronic transaction? this is what it means!

Many countries have enacted their own laws and regulations regarding electronic transactions and digital signatures. These laws are typically designed to provide legal recognition and validity to electronic contracts and transactions, promote e-commerce, and establish rules for electronic signatures and records.

For example, in the United States, the Electronic Signatures in Global and National Commerce Act (ESIGN) and the Uniform Electronic Transactions Act (UETA) are two important laws that govern electronic transactions and signatures at the federal and state levels.

These actions generally address issues such as:

• Legal validity of contracts and electronic records.
• Use of electronic signatures.
• Electronic record keeping and retrieval.
• Consumer protection and approval in electronic transactions.
• The scope and application of this law.

Notes :

It is important to remember that laws relating to electronic transactions may vary from country to country, and those laws may change or be updated over time. Therefore, I recommend checking the latest laws in your jurisdiction or consulting a legal expert for the most up-to-date information on e-commerce laws and regulations that apply in your area.