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 necessary 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. An attorney in Terre Haute, Indiana can review any contract before you sign it, whether it is a standardized document or a negotiated agreement. Attorneys 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 Indiana?
A contract is a written form of an agreement, not the agreement itself. Contract language is cumbersome, but it is your understanding of the actual agreement that generally matters most. Given that your understanding of the contract is what matters, problems can result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Terre Haute who are qualified to review and explain contracts. Negotiations in some specific fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Indiana is to give legal effect to the intent of the parties involved.