Documents simply signed through the course of usual 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 crucial that you understand your end of the agreement. If you don?t, you may 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 terms that outline your responsibilities and duties. However, documents can often be too lengthy for a worthwhile read, or so commonplace that reading each one is not practical. Luckily, there are other way to make sure the contract is correct. An attorney in Ellettsville, Indiana can review any standardized documents that are signed during routine business, and can also look over any individual contract before you sign it. As they review contracts, attorneys ensure that the written documents match the intent of their clients.

What if I Don't Understand a Contract in Indiana?

The words of a contract are the expression of an agreement, not the agreement itself. It is the parties' understanding of the contract as it is made that determines its legal effect, regardless of the specific words used. If you do not understand a contract, you may want to look for an outside source in Ellettsville to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Some specific fields, such as finance, pose particular demands that can be time consuming to fulfill. But no matter how complicated the negotiations, the objective of a contract is to give the intent of the parties legal effect under Indiana law.