Documents simply signed through the course of normal 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 typically no excuse under the law.
How Can I Ensure a Contract is Good?
Before you sign anything, read what you are signing. Pay careful attention to the clauses of your duties under the contract. However, documents can often be too long 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. Whether they are routine documents or negotiated agreements, an attorney in Alpena, Michigan can review any contract before you sign it. In reviewing a contract, a lawyer will ensure that your intent is what shows up in the written document.
What if I Don't Understand a Contract in Michigan?
The words of a contract are the expression of an agreement, not the agreement itself. It is the parties' understanding of the contract as it is made that determines its legal effect, regardless of the particular words used. Since it's your understanding that matters, relying on the other party's explanation of the contract terms may lead to problems. In Alpena, you can find a neutral third party that is qualified to review and explain the contract. Specific fields, such as finance, may pose certain demands in contract law that can be cumbersome. But regardless of the situation, a contract under Michigan law is to give legal effect to the intent of the forming parties.