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What is the difference between Party A and Party B?
1. Different setting methods
When signing a contract, whoever makes the request first will generally be regarded as Party A; it can also be negotiated. In fact, it doesn’t matter what Party A and Party B are called. It does not indicate the importance of rights. There is no legal difference between the two parties. Both parties must abide by the terms of the contract. The breaching party must bear the liability for breach of contract. ?
2. The objects referred to are different
Party A generally refers to the party that proposes goals. In the contract formulation process, it mainly proposes what goals to achieve and is the leading party in the contract. Party A is generally the contributor or investor, that is, the main body of the business, and is in a dominant position. The investor is the main body of the market, or the dominant market is called Party A's market.
Party B is generally the labor party, that is, the subject responsible for achieving the goals. For example, a power supply company signs a power supply contract with a certain enterprise, and the certain enterprise is Party A, and the power supply company is Party B; a decoration company signs a contract with a household, and the household is Party A, and the decoration company is Party B.
Extended information:
Status of Party A
For example: a power supply company signs a power supply contract with a certain enterprise, and a certain enterprise is Party A and supplies power The company is Party B; for another example, the decoration company signs a contract with the resident, the investor, the resident, is Party A, and the construction party, the decoration company, is Party B.
When signing a decoration contract during home decoration, whether you hire a general construction team (such as a small-scale decoration engineering department, etc.) or a large decoration company, it is generally stipulated that Party A in the contract is the house owner. The legal owner or the entrusted agent designated by the owner in writing is the subject of the decoration contract, that is, Party A. The construction party of the house, that is, the decoration company, is usually called Party B of the contract.
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