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Understanding the different types of #contracts is essential for any business. 🤝🏼 Here’s a quick overview: 🔹 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝗳𝗼𝗿 #𝗚𝗼𝗼𝗱𝘀: Used for buying and selling tangible products, specifying quantity, quality, payment terms, and warranties. 📦 🔹 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝗳𝗼𝗿 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀: Define the scope of work, payment terms, and performance expectations for services provided. 👷🏼 🔹 𝗘𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀: Outline terms of #employment, compensation, benefits, and protect sensitive information. 👩🏻⚕️ 🔹 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀: Govern the buying, selling, or leasing of property, detailing transaction terms and obligations. 🏠 🔹 𝗜𝗻𝘁𝗲𝗹𝗹𝗲𝗰𝘁𝘂𝗮𝗹 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀: Cover the ownership, licensing, and transfer of #IntellectualProperty rights, ensuring protection and proper usage. 💡 Find more detail on www.cheerscontracts.com 📲

What’s the difference between these types of #contracts? 🔹 𝗨𝗻𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀: ✍🏼 - One party makes a promise in exchange for the performance of a specific act by the other. - Acceptance and performance occur simultaneously. - This means that the promise’s performance is the acceptance of the offer, and once the act or condition is completed, the contract is considered binding. 🔹 𝗕𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀: 🤝🏽 - Both parties make promises to each other, requiring mutual performance for mutual benefit. - These are often used when both parties are making promises to one another and require each other's performance for mutual benefit. Need more information regarding contracts? Visit www.cheerscontracts.com 📲

Unete a nosotros en el webinar sobre Innovación en la Gestión Contractual. 🗓️ Reserva tu espacio! Martes 16 de julio.

🚀 Innovación en la Gestión Contractual 🚀 Te invitamos a un evento imperdible para explorar cómo apoyar la gestión contractual con innovación legal. Descubre perspectivas claves en negociación de la mano de Javier Tapasco Garcia y Luciana Gasser, y cómo las empresas líderes están implementando tecnología para hacer su trabajo más eficiente y liberarse de tareas rutinarias que pueden ser delegadas en soluciones tecnológicas. ¡No te lo pierdas! #ContractManagement #Innovación #LegalTech #CheersCLM

Have a business? Get your contracts handled by us. ⚡️ Save time and avoid headaches with Cheers. Our 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗟𝗶𝗳𝗲𝗰𝘆𝗰𝗹𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 (#CLM) system manages all your #contract needs, from drafting to compliance. 📲 With Cheers, you can streamline your processes, reduce manual tasks, and focus on adding the most value to your business. Leave the standardizable tasks automated, so you don't need to spend countless hours on them. Let #Cheers handle the legal details, so you can dedicate more time to achieving your goals. ✅

To create a legally binding #contract, five essential elements must be present. Here’s all you need! ✨ Visit our #blog for more information 📲 https://lnkd.in/dd3npnaA

There's a very simple trick for using a #CLM as an expert… Our Secret Sauce! 🤫 Gain control and traceability with #Cheers. 📈 Request a free demo on www.cheerscontracts.com 📲

Which one do you need? 🤔 Express contract: ✍🏼 - Formed through direct communication between the parties involved. - Can be either written or verbal, as long as all the essential terms and conditions are clearly stated and agreed upon by both parties. - Often preferred as they provide a high level of certainty and clarity for all parties involved, as the terms and commitments are explicitly spelled out and agreed upon. Implied Contracts: 🗣 - Not explicitly stated or agreed upon by the parties involved. - Formed based on the actions, conduct, or circumstances of the parties. - Commonly created in situations where it would be unreasonable to assume that a party would provide goods or services without some form of compensation. The decision to use one or the other depends on the specific circumstances and preferences of the parties involved. 𝗘𝘅𝗽𝗿𝗲𝘀𝘀 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 are typically recommended when there is a need for clarity, precision, and explicit agreement on all terms. 🤝🏼 𝗜𝗺𝗽𝗹𝗶𝗲𝗱 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀, on the other hand, are commonly used when there is evident conduct or an expectation of compensation, even in the absence of a clear agreement. ✅ For more information and examples, visit our #blog on www.cheerscontracts.com 📲

Got clients, partners or contractors far from your office? We’ve got you! 🤝🏼 Most of our clients have already gone global, so we assist them in completing their commercial info in simple steps and crafting fully valid #contracts. 🚀 At #Cheers, anyone can enjoy hassle-free contract management. 📈 Watch our demo on www.cheerscontracts.com 📲

Hi! We are Lucio and Luciana and we created your go-to platform for closing contracts. 👋🏼 We have built an easy-to-use, streamlined, and innovative digital experience that simplifies your legal needs. 📲 Cheers is the first global 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗟𝗶𝗳𝗲𝗰𝘆𝗰𝗹𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 platform (#CLM) made for business. Now, you can send, sign and store your legal documents in one place. Follow the lifecycle of your contracts in real time and review the analytics to 𝗴𝗮𝗶𝗻 𝗰𝗼𝗻𝘁𝗿𝗼𝗹. 📈 Managing contracts have never been easier. #Cheers! 🚀