Simple definition
Authority of a person to bind an organization by signing an agreement.
Authority of a person to bind an organization by signing an agreement.
A contract may use “signature authority” when describing authority of a person to bind an organization by signing an agreement.
Authority of a person to bind an organization by signing an agreement.
This concept concerns how an agreement is created, signed, authorized, accepted, or supported by consideration.
It can affect whether the document accurately records who is agreeing, in what capacity, and on what basis. Review the exact language rather than relying on the label alone.
Authority of a person to bind an organization by signing an agreement.
This concept concerns how an agreement is created, signed, authorized, accepted, or supported by consideration.
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.