0
On occasion, parties to a contract are not able to sign the same copy of an engrossment of a contract or other instrument due to the distance between them or some other impracticality. As such a single original agreement or document cannot be executed by both parties. An original agreement may be required in order to stamp the document, register a conveyance of property or for some other evidentiary purpose. Counterparts are simply the same engrossment executed in two copies, thus two originals are created (assuming only two parties are to execute the agreement - further counterparts would be required for each party to the contract).
An original counterpart is primary evidence of the statements made in the document against the party executing the document, and secondary evidence against the non-executing person (or persons).
In English law, a counterpart clause is used in commercial contracts to expressly contemplate that the parties intend that there be multiple originals, one signed by each party. When the counterparts are exchanged the contract is formed, as the exchange would ordinarily constitute an acceptance of the terms of the contract. A counterpart clause may require that each party sign each original copy of the contract prior to becoming binding.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What agreement was signed on the mayflower?
may flower compact- 1620
When the second Continental Congress met in May 1775 all of the delegates were in agreement true or false?
true
When was john brown born and how did he die?
he was born on 9th may 1800 and then he was executed on 2nd December 1859
Agreement between the president and the leader of another country?
executive agreement executive agreement
True or false when the Second Continental Congress met in May 1775 all of the delegates were in agreement?
its true the Second Continental Congress met in May 1775
What is a properly executed written agreement?
A properly written and executed agreement is called a contract. A contract that has been executed has been signed or possibly notarized.
How is an executed agreement different from a treaty?
An executive agreement does not require Senate approval.
Is a verbal agreement in Scotland binding?
Yes, as long as it was validly executed by the parties and constitutes a legal agreement.
When SAPTA or South Asian Preferential Trade Agreement pact was executed?
The SAPTA or South Asian Preferential Trade Agreement was singed in April 1993
When does a lien go into effect the day of the agreement or when he does not pay?
the minute the loan is executed until it is retired.
In what circumstances a postmartial agreement is not valid?
A postmarital agreement must be executed by both parties voluntarily and will not be valid if one of the parties is under duress or coerced in any way.
Why are the statements in the body of a loop called conditionally executed statements?
These statements are called conditionally executed statements because the may or may not be executed. They will be executed while the boolean (true/false) statement in the beginning of the loop is true, but will not be executed when statement is false.
When was anne Boleyn executed?
Anne Boleyn was executed on 19 May 1536.On the 19th May 1536.
Party to an arbitration agreement may be compelled to arbitrate a dispute if the agreement covers the subject matter of the dispute?
a party to an arbitration agreement may be compelled to arbitrate a dispute, if the agreement covers the subject matter of the dispute.
What actors and actresses appeared in The Counterparts - 2014?
The cast of The Counterparts - 2014 includes: Kristen Gabrielle Sledge as Camilla Kristen Gabrielle Sledge as Melody Kristen Gabrielle Sledge as Rhonda Kylee May Campbell as Fiona Kylee May Campbell as Lindsay
When was Joan of Arc killed?
She was executed on May 30, 1431.
What bridge move may be executed in a Vienna coup?
unblock
