Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

#

Why The Service Provider Agreement Should Be Signed By An Appropriate Authority Figure

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Contracts take place in each company. It could be as simple as agreeing with the milkman to deliver the milk and your payment obligation, or it could be an order you made with a large supplier. There is one thing you can be sure that you do not want to discover that there is a problem with your contract if you go through the door of a court with an angry person on the other side. In an ideal world, any type of business, be it companies, LLC, LLP, etc., should have a legal document that delegates the signinging/commitment power to choose people. In companies, this is usually a board decision to the CEO and a separate resolution from the banks regarding the power to open/close accounts and review the signing rules. For a partnership, there should be an enterprise agreement. These documents, in turn, allow these individuals to delegate the power of signature/commitment to other executives. Any delegation or attribution of authority is a legally binding document that confers the power of signature on subordinates. If these documents were not established, the statutes of the organization should be reviewed to determine who is an officer and the authority of an officer. If negotiations take place in person, by telephone, by video conference or on the website of the supplier or the United Nations organization, at least two United Nations staff members should be present. In unusual situations or in cases of high legal impact, you participate in a lawyer or a bargaining law firm.

In such a situation, the provider is always liable to the customer if he does not provide the desired result, unless unexpected factors, which are clearly out of their control, prevent him from doing so. These factors are sometimes referred to as the “act of God.” I divorced my wife a few years ago. She recently sent my daughter on a school trip and sent me a text telling me that I had to pay half, which I can`t afford. I have never agreed to pay that amount, but the school is now telling me that I am responsible. As far as I know, the definition of a treaty is a legally binding agreement reached by two or more persons or entities, voluntarily and of their own volition. Since, in this case, joint and several liability is not applicable and there has never been an agreement between me and my ex-wife or the school, can you not impose such a contractual obligation on me without my consent? In order to ensure that the conclusion of the contract is fully documented and that an adequate audit trail is followed, as well as future disputes with the supplier, written negotiations should be conducted with the supplier.

Share and Enjoy