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 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 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. Attorney in Washtenaw County, Michigan can review any contract before you sign it, whether it is a negotiated agreement or a standard form signed during routine business. For Attorney, 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?
Although contracts are expressed in words, the agreement itself is what matters. Regardless of the language, parties to a contract are usually legally bound only according to their understanding of the contract. If you do not understand a contract, you may want to look for an outside source in Washtenaw County to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Negotiations in some specific fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Michigan is to give legal effect to the intent of the parties involved.