Business Contracts and Corporate Authority
A valid business contract requires more than acceptable commercial terms. The company must confirm capacity, signing authority, required corporate approvals, regulatory conditions and evidence of authorization.
Before signing
- Identify the contracting entity and beneficial counterparty.
- Confirm the board, shareholder or officer approval required.
- Verify the signatory’s authority.
- Check conditions, licenses, data, tax and sector-specific requirements.
- Preserve the resolution, secretary’s certificate and final signed agreement.
General contract doctrine belongs with CivilLaw.ph; CorporateCode focuses on authority and governance consequences.