However, revisions to the Building Lots and Buildings Transaction Business Act have been includ in the digital reform-relat bills enact in May 2021, and it is expect that a law that will allow the digitization of real estate contracts will be enforc by May 2022 at the latest. In the future, it is expect that office lease agreements will also become paperless. 3.Contract content check points for electronic contracts in the advertising industry Switching to an electronic contract does not mean that the paper contract and contract content will change. The content to be includ in various types of contracts should be similar to the content of conventional contracts.
Here we will introduce the items
That should be includ in the “advertising transaction basic contract” that is mainly exchang in the advertising industry. 3-1. Contents of work undertaken by the advertising agency This agreement is the core of the advertising basic Bermuda Email List transaction contract. Determine what kind of work the agency will be in charge of when it receives a request for advertisement from the advertiser. Since the details of the work are wide-ranging, it is common to attach a separate sheet to the contract. 3-2.Payment method for advertising expenses It is an agreement regarding the method of payment for advertising expenses to advertising mia.
There are two specific methods
The direct payment method by the advertiser and the temporary rebuilding method by the agency. In major agencies, the advance payment method is common. However, there are also cases where advertisers pay directly for small SG Phone List agencies. 3-3. Compensation for advertising agencies It is a compensation arrangement that an advertiser pays to an agency. In some cases, the contract may stipulate a fix amount of remuneration, or in other cases, it may stipulate a percentage of the advertising cost. 3-4. Report results to advertisers In advertising contracts, it is common to include items that require the advertising agency to report the results of advertising.