CAUTION WHEN SIGNING THE CONTRACT (PART 2)
Source: wisegeek.org
- Thirdly, in terms of the content of the contract
The content of the agreement reaches an agreement on the principle of parties’ free will, equality
and goodwill together. However, the content of the contract shall not violate
the prohibitions of law, social morality, and must ensure that the conditions of the transaction into
effect in the general provisions. Therefore, when
contracting, we shall
note the contents of the contract.
- Fourthly, the contracting entity
Must be signed by the authorized person or competent person.
Normally for the enterprise, the
competent person is the representative defined in the registration
certificate of the business or investment license and of course, the signature of the
representative must also be stamped (entity) of organizations and business.
Note: The authorized representative shall have the right to sign contract only in the extent of authorization. Only with true contracting
entity, the contract will
be valid and have legal effect.
- Lastly, partners must check each other before
officially signing a contract.
Checking
partners will allow you to assess the ability, the confidence, the constraints
of partners from which you will have the choice whether to cooperate or sign
contracts with them or not,
to be able to exclude or restrict to a minimum the risk of contracting and also
create job opportunities for the development of enterprises always solid.
- Other specific
notes
Legal texts provisions on contracts are very important when
signing the contract. The
contract should be based on one or more legal documents so that after a dispute
arises, the legislation that is the legal basis for the application shall
resolve the dispute.
Definition of terms: The concepts, terminology, content
regulation should be interpreted and applied uniformly and avoid conflict,
controversy or arbitrary the terms of the contract that cause disruption contract.
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