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SayPro Make Sure The Signature Block Is Accurate
Another critical element to include in your agreements is the name and signature of the proper parties. For example, if you have a corporation or LLC, you will want to make sure that the agreement is in the name of your company, and not you personally (as an individual).If you accidentally sign an agreement personally instead of through one of your companies, you can be personally liable in the event of default, which violates on of the reasons you likely incorporated to begin with.One of the final elements to check for before you sign any agreement is thus to make sure the first paragraph and the signature block both contain the correct names of each party, and that such names have been customized for a corporation, LLC, LLP partnership or individual, as appropriate.Contractual RightsContractual rights are the set of rights guaranteed whenever people enter into a valid contract with one another. Contract rights usually involve business matters, including the provision of products and services. However, they can also involve other types of subject matter.Examples of common types of contract rights may include:
- Rights to purchase a particular product or service
- Rights to be sell a product or service
- Rights to be the only seller or buyer
- Rights to delivery and timely payment
- Rights to refunds or repairs
- Various rights according to the specific intentions of each party
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