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Because of the inflated revenue reports, the company’s stock price went up – until the truth came out, which eventually drove the company into bankruptcy.(We’ve all seen that particular movie in the past couple of years, eh?
Parties may be in negotiations for months before the date of the contract and then refer to the date they started negotiations as being the effective date.
The contract date is usually written onto the front cover and the first page of the contract (although there is no legal requirement to do so).
Generally this is the date that the last party signed the contract.
It seems simple, but which date to write on a contract, and how to interpret the dates often raises some fiddly.
There are a number of dates which can appear within contracts.