Is it a problem if the contract has the printed name of one partner, but the other partner actually signs?
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Is it a problem if the contract has the printed name of one partner, but the other partner actually signs?
I am providing services to an accounting firm with four partners. I sent them the
services agreement for signature with the managing partner’s name printed in the
signature block. I just got it back, but a different partner signed it. Is this a
problem?
Asked on December 15, 2018 under Business Law, Utah
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
If it is a general partnership or LLC, any partner or member can sign for and bind the business, so this would not matter. If it was a limited partnership, then a limited partner cannot bind the entire business, only the general partner.
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