Legal Question in Business Law in Nevada

This is an interesting spot in which you find yourself. Is "Bob" the owner of the company with which your associate wished to do business? Are there other "Bobs" working there? Was there other adequate identification of the company, such that Bob just signed in whatever official capacity legally entitled him to obligate the company to the contract?

It often is unfortunate when small businessmen enter contracts of their own drafting, as it usually leads to an attorney having to iron out the wrinkles when things go wrong. I hope both parties will be able to perform the contract without dispute, but if you are looking to escape from it, the absence of Bob's last name probably is not enough to avoid the contract.