What do Party A and Party B stand for respectively?
Generally speaking, Party A refers to the party who puts forward the goal. In the process of drafting the contract, it mainly puts forward what goals to achieve and is the leading party of the contract. Party A is synonymous with the equal subject of both parties in the contract, and it is also for the convenience of using abbreviations in the following sentences.
For example, the power supply company signs a power supply contract with the enterprise, the enterprise is Party A, and the power supply company is Party B; For another example, the decoration company signs a contract with the tenant, the investor's tenant is Party A, and the construction party's decoration company is Party B. ..
During the contract, Party A mainly supervises whether Party B fully complies with the requirements of the contract. After signing the contract, Party A generally needs to pay money or other things to get what it needs.
Differences between Party A and Party B when signing the contract:
(1) differences in contract drafting. Party A generally refers to the party who puts forward the goal. In the process of contract drafting, it is mainly to put forward what goals to achieve, and Party B generally refers to the party who has achieved the goals. In the contract, it mainly puts forward how to ensure the realization and obtain benefits according to the completion.
(2) differences in contract processes. During the contract, Party A mainly supervises whether Party B fully meets its own requirements.
(3) the difference after the end of the contract. After the execution of the contract, Party A generally needs to pay money or other things to get what it needs.
(4) differences in obligations. During the contract, Party A mainly supervises whether Party B fully complies with the requirements of the contract. After signing the contract, Party A generally needs to pay money or other things to get what it needs.