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 the bargain is critical for such agreements, since there may be legal consequences as with any other contract. Accountability for contracts should be anticipated as much as possible.

How Can I Ensure a Contract is Good?

As a general rule, read anything before you sign it. As you read it, make certain you understand the sections that state your obligations. 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 attorney in Ishpeming, Michigan can review any contract before you sign it, whether it is a standardized document or a negotiated agreement. Attorneys review contracts to ensure that the intent of their client is given proper legal expression within the written documents.

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

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 it's your understanding that matters, relying on the other party's explanation of the contract terms might lead to problems. In Ishpeming, you can find a neutral third party 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 Michigan law is to give legal effect to the intent of the forming parties.