A document can be considered a contract, even if it is one that is simply signed through the normal course of business. If they are held legally binding, purchase orders, receipts, sales agreements and others are properly classified as contracts.. Since the contract is a written agreement between parties, it is necessary that you understand your end of the agreement. If you don?t, you may still be held liable.
How Can I Ensure a Contract is Good?
A careful reading is necessary before you sign any document. Pay special attention to the terms that outline your responsibilities and duties. 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 Moss Point, Mississippi 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 Mississippi?
Although contracts are expressed in words, the agreement itself is what matters. Regardless of the language, parties to a contract are typically 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 Moss Point to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Some specific fields, such as finance, pose specific demands that can be time consuming to fulfill. But no matter how complicated the negotiations, the objective of a contract is to give the intent of the parties legal effect under Mississippi law.