David:

Yes, the UCC (Article 2) would be the basis for not requiring a signed 
confirmation from the counterparty receiving the confirmation if the physical 
product is a "good" under the UCC. This I think answers your second question 
also.

Regards, Alan



	gilbergd@sullcrom.com
	07/20/2000 10:38 PM
		 
		 To: alan.aronowitz@enron.com, mark.taylor@enron.com
		 cc: LINDAUERE@sullcrom.com
		 Subject: Electronic Signatures


Thanks for sending the chart.  I will send you the list of questions we 
discussed tomorrow.  In the interim, I had a couple of questions on the 
chart:  On the first line (physical, no master), is the basis for not 
requriing the confirm to be signed the UCC?  Also, what is meant by "unless 
commodity not 'good'"?

Thanks.


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