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 critical 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. Attorney in London, Kentucky can review any contract before you sign it, whether it is a negotiated agreement or a standard form signed during routine business. For attorney, the process of a contract review is to ensure that the written documents match the legal intent of their clients.

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

A written contract is the expression of an agreement between two parties; it is not the agreement itself. Regardless of any confusing contract language, you are legally bound only according to both parties' understanding of the contract. Since the understanding of the contract is the vital aspect, relying on the other party's representation of what the contract contains might lead to problems. You may want to find a third party in London that is qualified 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.