Documents simply signed through the course of ordinary business may still be considered contracts. Purchase orders, receipts, sales agreements and others can be held legally binding under certain circumstances. Since the contract is a written agreement between parties, it is essential that you understand your end of the agreement. If you don?t, you might still be held liable.
How Can I Ensure a Contract is Good?
Reading a document before you sign it is obviously the cardinal rule. The clauses outlining your duties under the contract are especially worthy of special attention. However, documents can often be too long for a worthwhile read, or so commonplace that reading each one is not practical. If so, there are still other ways you can effectively review it. An attorney in Hinsdale, Illinois can review any contract before you sign it, whether it is a standardized document or a negotiated document. Lawyers review contracts to ensure that the intent of their client is given proper legal expression within the written documents.
What if I Don't Understand a Contract in Illinois?
A written contract is the expression of an agreement between two individuals; it is not the agreement itself. Regardless of any confusing contract language, you are legally bound only according to both parties' understanding of the contract. If you do not understand a contract, you might want to look for an outside source in Hinsdale to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Negotiations in some particular fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Illinois is to give legal effect to the intent of the parties involved.