“I get it. I sign a contract and accept the terms of the agreement every time I cash a paycheck.” He was right. I had a business dealing that accurately depicted this type of contract. It was a contractual agreement between three parties that totaled seven figures over five years. One of the parties never signed the contract, but they cashed the checks each year for their portion of the compensation. After a few years the attorneys concluded that even though this party never signed the contract, they were acting according to the contract terms and receiving compensation for doing so. Therefore, cashing the check was as good as signing the piece of paper.
Posted on: Sat, 15 Mar 2014 14:50:26 +0000
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