Documents simply signed through the course of normal 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?
A careful reading is necessary before you sign any document. Pay special attention to the clauses that outline your responsibilities and duties. 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. A Rockton, Illinois attorney can look over a contract before you sign it, as well as review any standardized documents that you deal with on a routine basis. In so doing, the Lawyer will ensure that the legal effect of the documents matches your intent.
What if I Don't Understand a Contract in Illinois?
The words of a contract are meant to simply express an agreement between two parties. They are not the agreement itself. It is your understanding of the contract that typically matters most, regardless of cumbersome contract language. Since you will be bound by your understanding of a contract, it is unwise to rely too much on the other party's representation of your duties. A neutral third party in Rockton can be hired to review and explain the contract. Regardless of how complicated the negotiations in a particular field may be, giving the intent of the parties legal effect is the objective of all contracts under Illinois law.