Legal Question in Business Law in Virginia
Signing a Contract
I've signed contracts before with By: and Its: but I've never run across one with By: Name: and Its:
I know to sign under By: and state my place in the business by Its:, but what do I do under name? Print my name or the company name or is it something completely different?
1 Answer from Attorneys
Re: Signing a Contract
I believe that what is intended by "Name" is the same as your signature in "BY" except that it is written out so that it can be read, rather than a signature.
So you would put the same name in both places, but your signature would be next to "BY" and your name spelled out would be in "Name"
If you are really paranoid about it, you could write "BY" again in front of your name written out.
However, whether you have personal responsibility is also controlled by what the contract actually SAYS.
If it clearly says that it is a contract between the XYZ company and the ABC company, then what the contract SAYS is legally binding on that question.
So also examine the opening paragraphs and any other provisions in the contract that might be relevant (such as "personal guarantee" !!!)
Related Questions & Answers
-
Receipt I need to know how to word a receipt I want to type up for a previous... Asked 1/24/09, 9:55 am in United States Virginia Business Law