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 important 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?

Before you sign anything, read what you are signing. Pay careful attention to the terms of your duties under the contract. However, documents can often be too lengthy 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. Whether they are routine documents or negotiated agreements, an attorney in Lowell, Indiana can review any contract before you sign it. In reviewing a contract, a lawyer will ensure that your intent is what shows up in the written document.

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 Lowell to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Specific fields, such as finance, may pose certain demands in contract law that can be cumbersome. But regardless of the situation, a contract under Indiana law is to give legal effect to the intent of the forming parties.