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. As a legally binding agreement, a contract must be fully understood in order for its legal consequences to be appreciated. Not expecting a contract's enforcement is generally no excuse under the law.
How Can I Ensure a Contract is Good?
Reading a document before you sign it is obviously the cardinal rule. The clauses outlining your duties under the contract are especially worthy of special attention. However, documents can often be too long for a worthwhile read, or so commonplace that reading each one is not practical. Luckily, there are other way to make sure the contract is correct. An attorney in Bucksport, Maine can review any standardized documents that are signed during routine business, and can also look over any individual contract before you sign it. As they review contracts, Lawyers ensure that the written documents match the intent of their clients.
What if I Don't Understand a Contract in Maine?
A written contract is the expression of an agreement between two individuals; 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 can result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Bucksport who are qualified to review and explain contracts. Contract negotiations, especially in the context of particular 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 Maine law.