WEEK 4 EOC: What Must Be On a Contract

All contracts must have a date on them. If you do not put a date then it is no negligible on your account. The term of time is reason to believe when it was done. You also must have a statement of the contract. The statement clarifies what the two parties agreed on. You must have signatures from both parties so that it is claimed as legal and the parties show that they agreed to such terms. On an editorial contract, one must write out the usage and the allowance of the usage. The allowance will be a range from a minimum to a maximum. Outline the fees and state what the fees are for so that it is clear to you and the client what is required for each item. For example use the terms quarter, half, full or double page rates. Editorial are based on the finished product. You must have a amendment in writing any changes which is called change orders. It has to say ”work-made-for-hire or you will not get your rights of ownership granted. There are negotiable contracts where you will send in your numbers or your estimates after your client has stated their time and estimates. A stamp with your company name, copyright . year, and contact information stating that you own the right to that document. On an estimate contract you must have the date, fees, product charges, contact information, and a signature with the date. It is your responsibility to have your information stated on the contract or it is lost in what was said on the meeting. If there is question on any part of your contract there has to be a change in order contract to make it more legal for both parties. All these essentials are needed on every contract.