While an oral contract is still considered legal, most contracts are entered into in writing. A contract is a very detailed tool that is used to clarify all possibilities in an arrangement. A signature identifies the person who created it. He often spells a person`s name in a visually distinctive way. Unless the law says so, a signature can use loops, ascendants, descendants, special characters. Since a signature is intended to verify a person`s identity for authorizing documents and agreements, it should remain consistent from one contract to another. There are two ways to fulfill the signature and ensure that each party complies with its legal obligations: handwritten physical signatures and electronic signatures. The first has been the only way to do things until recent decades, and it is still very common. It is simple and effective, but it is gradually being replaced by electronic signatures in many companies. The importance of this importance should not be overstated. Obviously, you do not want a company to say that it does not have to comply with the contract because it was signed by someone who was not allowed to do so.
Therefore, if the other contracting party is a corporation, you must be certain that the company does exist, that the person who signs on behalf of the company is authorized to do so and that the contract has been approved by the shareholders or directors of the company. Also, before you sign, you should take the time to read the entire agreement. Make sure you have a complete understanding of the conditions and ask for clarification on anything that is not clear before putting your pen on paper. These three conditions give rise to a binding agreement. if both parties, or only one party, do not seriously consider the terms of the contract, the contract will not exist. Something valuable should be exchanged between all parties. Value can be services, products or money, but all parties must contribute to making it a contract. They can also break an agreement if the violation is not essential and has no consequences. In many situations, therefore, agreements are broken several times, but the way in which they are broken is not fundamental to the functioning of the treaty. The last page of most legal documents is the signature page. While each document varies, the signature pages usually contain current lines with each signature name (or company name) that indicates where to sign.