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. Understanding your end of any such agreements is essential so that you can be aware of any legal consequences. You may be legally accountable for a contract, even if your understanding is incomplete.

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. If so, there are still other ways you can effectively review it. A Hazard, Kentucky 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 attorney will ensure that the legal effect of the documents matches your intent.

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

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 usually matters most, regardless of cumbersome contract language. Since you will be bound by your understanding of a contract, it is unwise to rely too heavily on the other party's representation of your duties. A neutral third party in Hazard can be hired to review and explain the contract. Particular fields, such as finance, may pose certain demands in contract law that can be cumbersome. But regardless of the situation, a contract under Kentucky law is to give legal effect to the intent of the forming parties.