Seems weird to talk about a real world concept, but the issue of purchase agreements that are fully executed purchase agreements is something to think about. The developers of games like those featured at Jenney Games (PC games) have to deal with this issue every day, in a digital world and for transactions they make online. But, don’t fret if you’re not a game developer. This idea isn’t just for game developers. It’s a simple concept that is used by everyone when purchasing a game, whether on a console, mobile device, or a PC. That’s because gaming isn’t much different from our daily lives in some cases.

A fully executed purchase agreement is basically saying that a deal has been made. That something has been agreed upon returned, with all the nitty gritty details taken care of, at least, to begin the transaction. Then there is paper or an electronic version that everyone signs off on.

When you’re buying a game, especially one through a digital distribution platform, then the concept of a fully executed purchase agreement is right up your alley. Steam is one such distribution platform, where you can buy games for your computers, or if you have the mobile version, your Android or iOS device. When you’re buying the game, what you’re signing is a purchase agreement for that game. You’re agreeing to the terms of the agreement so that you can buy the game. Without signing it, you can’t buy the game, and some would say, in some cases, play the game.

Now days, with digital downloads and purchases of games, players have the ability to purchase a game electronically, rather than in a store. So to continue the example, again, if you want to buy that game through Steam, one of the most popular digital distribution platforms for computer games, then you’re going to need to agree to their purchase agreement.

Think of it like this, it’s a contract, much like a landlord does with a tenant. The landlord makes the tenant sign what is called a lease agreement, completed with the rules and obligations of both parties. The same goes for games. With that said, the deal is done, but if you’re looking for a digital download or just a disc that’s delivered to you, then you’re better off making sure that developers have indeed signed the agreement.

Without a properly executed agreement, you could end up being a victim to an intellectual property (or IP) theft. That’s certainly not a good thing, but if you know the basics of a fully executed purchase agreement that’s fine. Just remember that when you’re getting ready to purchase your next game.

For more information on purchase agreements, you can visit Wikipedia.