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In today's video, Dan Smith of DPS Legal Counsel discusses the importance of contracts for business owners and entrepreneurs. As businesses operate, they will inevitably enter into contracts with customers, vendors, or other companies. The Uniform Electronic Transactions Act (UETA) has become law in Tennessee and many other states, allowing for the electronic signing of contracts. Understanding the impact of technology on your business is essential to navigating the legal aspects of contracts in the modern digital age.