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| TITLE | Supreme Court Decision 2024Da236754 Decided August 14, 2025 【Declaration of Nonexistence of Obligations】 [full Text] |
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| Summary | |
| 【Main Issues and Holdings】 [1] Standards for determining whether there are reasonable grounds under Article 7(2)2 of the Framework Act on Electronic Documents and Transactions for the addressee’s belief that an electronic document was transmitted based on the intent of an originator or the agent thereof [2] In a case where: (a) Party A provided a photo of his driver’s license and Bank B account number and password upon the request of an unknown individual who impersonated Party A’s daughter, and installed a remote control application on his mobile phone from a link sent by the unidentifiable person; and (b) on the same day, the unknown individual obtained a recognized common certificate designated to Party A, subsequently opened an account at Bank C remotely using a photographic copy of Party A’s driver’s license, and secured a loan, the case holding that the loan agreement between Party A and Bank C was validly executed, based on the finding that Bank C had reasonable grounds to believe that the electronic document constituting a credit loan application confirmation document was transmitted based on the intent of Party A or his agent, thereby permitting Bank C to consider the declaration of intent included in the confirmation as that of Party A, an originator | |
