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. Understanding your end of the bargain is essential 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. Whether they are routine documents or negotiated agreements, an attorney in Shiawassee County, 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?
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 typically matters most. Since you will be bound by your understanding of a contract, it is unwise to rely too much on the other party's representation of your duties. A neutral third party in Shiawassee County can be hired 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.