What is Party A and what is Party B?

The first party generally 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 generally the investor or investor, that is, the business entity, which is in a dominant position, with the investor as the market entity or the dominant market as the market of Party A..

Party B is generally the labor service provider, that is, the main body responsible for achieving the goal.

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. ..

In the course of the contract, Party A mainly supervises whether Party B fully meets its own requirements. After the contract is signed, Party A generally needs to pay money or other remuneration to Party B to get what it needs.

Extended data

Obligations of Party A

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.

In the course of the contract, Party A mainly supervises whether Party B fully meets its own requirements. After the contract is signed, Party A generally needs to pay money or other remuneration to Party B to get what it needs.

Creditor's rights of Party B:

If Party A (which can be a natural person, enterprise legal person or government, etc.). Have the right to ask Party B to claim a specific service or property. Party A is called a "creditor" and Party B is called a "debtor".

Generally speaking, the creditor will provide a certain value of property or services to Party B based on the assumption that the debtor will pay it the same value of services or property, which is generally supported by the contract. For example, Party A pays Party B's products. When Party B receives the funds but has not delivered the products to Party A, Party A is Party B's "creditor" and Party B is Party A's "debtor".

References:

Baidu encyclopedia: party a? Baidu Encyclopedia: Party B