A contract is created at law when there is a mutual exchange of promises upon reasonably understandable terms and conditions. A contract does not have to be reduced to writing in order to be enforceable; however, for the purposes of this manual, the term contract is intended to mean a written form of communication. Please remember that many types of documents can constitute a contract, including invoices, memoranda and letters.
Only certain ASU administrators have authority delegated from the President to sign specified ASU contracts pursuant to the ASU Contract Signature Authority Policy, or as otherwise authorized in writing by the President. Please refer to the policy whenever you have a question about signature authority.
For a more detailed discussion of the legal principles of contracting, please see the Contracting Basics paper.
If you have any questions about contracts or this manual, please contact the Office of General Counsel.