I'm not a lawyer, but my understanding is that sub s corps do not have "partners", they have shareholders, which is an important distinction, because it means you are definitely not liable unless you signed the personal guaranty. As for the need to sign, that is part of the negotiation - they might insist on it. Also, when signing, there is a distinction between signing as an officer of the corporation vs. signing personally: always sign, "ABC Corp.", then below, "by: Joe Q. Smith, President" which means you are signing as an officer, as distinct from signing as an individual.
Many people choose to sign something on behalf of someone else. Typically wives and husbands will sign on behalf of their partner.
"Its" means, literally, just that. As in you are "John Smith" signing on behalf of "John & Co" as Its President. The purpose of this is to indicate that you are signing only on behalf of the entity rather than as an individual, therefore protecting you from personal liability.
pp
I wonder if the letters are in fact pp which stand for Latin pro persona and mean for the person of or for and on behalf of. Secretaries and personal assistants often use this when signing letters on behalf of their boss.
Yes, a bank guarantee can be issued at the request of anyone. It is their decision whether they require a guarantee or not.
Guarantor– The Bank who gives the guaranteeApplicant– The Company on whose behalf the guarantee is givenBeneficiary– The Company on whose favor guarantee is given
Yes, a spouse can legally sign documents on behalf of their partner if they have been given specific authorization or power of attorney to do so.
When signing on behalf of someone using a power of attorney, make sure to clearly indicate that you are signing on their behalf. Start by writing the person's name, then your own name, followed by "by Your Name under Power of Attorney." This helps show that you are acting on their behalf and have the legal authority to sign. Be sure to follow any specific instructions outlined in the power of attorney document.
When signing a letter on behalf of someone else, the symbol used is usually a forward slash or a caret (^) placed before the signature of the person doing the signing. This indicates that the person is signing on behalf of another individual. For example, it might look like this: "John Doe / Jane Smith," where Jane Smith is the person authorizing the signature.
"Per Procurationem." It is a Latin phrase meaning that you are signing the letter on somebody else's behalf, normally if they are not there to sign it themselves.
the person whose signature is on the letter
The capacity of a person signing refers to their legal authority or ability to sign a document on behalf of themselves or someone else. It ensures that the signature is valid and that the signatory has the authority to act on behalf of the entity they are representing.