Normally the person accepting the contract offer signs and dates first then the person/representative for the Company etc, signs and dates.
Further, the bottom of each page of the contract should be initialled by the person accepting, this indicates that the page/pages have been read and all content on the page is agreed to.
Corporations usually follow this procedure whereas small business and organizations, individuals, aren't always as "anal" :)
Reading and understanding all content within the contract is more important than an initial or who signs first. The signing is more or less a courtesy by the Contractor offering the first opportunity.
The contract should not be signed without the attendance of the Contracting officer or a representative however.
Good luck
2006-07-19 08:43:16
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answer #1
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answered by dustiiart 5
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Depends on the wording of the contract. Some contracts are effective "as of the date first hereinabove written" and some are effective "as of the date last hereinabove written", so if they're not signed on the same day, then the effective date will be as stated in the contract. As far as the who, it shouldn't matter who signs first or second. Usually if it is a financial contract, the person receiving the money has their signature block above that of the person giving it, but that is just a matter of practice, not a matter of law.
2006-07-19 15:42:23
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answer #2
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answered by zartsmom 5
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If the contract is between 2 parties, it won't be valid until both parties have signed it, so it doesn't matter who signs last.
2006-07-19 15:42:35
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answer #3
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answered by Erica T 2
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it depends on the kind of contract??? If this is a real estate matter..then yes it does..especially if the seller needs to make changes..
2006-07-19 15:43:59
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answer #4
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answered by Anonymous
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I guess it would matter only if there are designated spots to sign. Such as - primary lender and co-signer or what have you....I am no attorney though, so I would ask your attorney.
2006-07-19 15:36:47
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answer #5
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answered by babiefox1 3
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