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 sure you understand the sections that state your obligations. 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. Lawyer in Kingsford, Michigan can review any contract before you sign it, whether it is a negotiated agreement or a standard form signed during routine business. For Lawyer, 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 Michigan?
A contract is a written form of an agreement, not the agreement itself. Contract language is cumbersome, but it is your understanding of the actual agreement that usually matters most. 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 Kingsford who are qualified to review and explain contracts. Regardless of how complicated the negotiations in a particular field may be, giving the intent of the parties legal effect is the objective of all contracts under Michigan law.