Legal basis:
Legal basis: Article 490 of the Civil Code (effective as of 2021.1) When concluding a contract, if the parties conclude a contract in the form of a contract, they shall sign, seal or fingerprint it. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it.
A contract shall be concluded in written form as stipulated by laws, administrative regulations or agreed by the parties. If the parties do not do this in writing, but one party has fulfilled its main obligations and the other party accepts it, the contract is established.
The agreement can be signed by others, but a power of attorney is required. As an entrusted agent, when signing a contract on behalf of the principal, the principal enjoys contractual rights and performs contractual obligations, and the contract must be accompanied by a power of attorney signed by the principal.
Legal basis:
Article 161 of the Civil Code (implemented from 202 1 1)? A civil subject may carry out a civil juristic act through an agent.
In accordance with the provisions of the law, the agreement of the parties or the nature of civil legal acts, civil legal acts that should be implemented by themselves shall not be represented.
Article 162? A civil juristic act carried out by an agent in the name of the principal within the scope of agency authority is effective for the principal.
Article 163? Agents include entrusted agents and legal agents. An entrusted agent shall exercise the power of agency as entrusted by the principal. A legal agent shall exercise his power of agency in accordance with the provisions of the law.
Article 164? If an agent fails to perform or does not fully perform his duties, thus causing damage to the principal, he shall bear civil liability.
If the agent and the counterpart collude maliciously and damage the legitimate rights and interests of the principal, the agent and the counterpart shall bear joint liability.