Don't know about different Jurisdictions, but from where I am - this has NO legal binding whatsoever. We have those gov issued digital, invisible signatures for that, embedded in our personal ID card. Whatever is properly signed with digital signature, the printed out page bears no legal force. Anyway, businesses still like to do it this way ("Signing" pdf by applying some pixels). I wonder if it is just an inconveni…
I'm in the US and as far as I know, a digital signature is completely valid. [edit: ~it's the same way here.~ Misinterpreted parent comment.] Yet Ford repeatedly insisted I print out the documents, sign them, and scan them. I tried a digital signature anyway - and they called me out on it.
You could theoretically, in some cases, run a business on nothing but verbal contracts, but you would be foolish to do so because you’d have difficulty proving anything if it were disputed.