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 necessary 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?
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 Evangeline Parish, Louisiana 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 Louisiana?
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. Given that your understanding of the contract is what matters, problems might result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Evangeline Parish who are qualified to review and explain contracts. Contract negotiations, especially in the context of specific fields such as finance, can be time consuming and difficult. But as in all contracts, the objective is to record the intent of the parties so that their agreement will be given legal effect under Louisiana law.