A document can be considered a contract, even if it is one that is simply signed through the usual 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 crucial that you understand your end of the agreement. If you don?t, you might 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 clauses that outline your responsibilities and duties. However, documents can often be too long for a worthwhile read, or so commonplace that reading each one is not practical. Luckily, there are other way to make sure the contract is correct. An attorney in Southaven, Mississippi can review any standardized documents that are signed during routine business, and can also look over any individual contract before you sign it. As they review contracts, lawyers ensure that the written documents match the intent of their clients.

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

The words of a contract are the expression of an agreement, not the agreement itself. It is the parties' understanding of the contract as it is made that determines its legal effect, regardless of the particular words used. Since it's your understanding that matters, relying on the other party's explanation of the contract terms might lead to problems. In Southaven, you can find a neutral third party that is qualified to review and explain the contract. Some specific fields, such as finance, pose particular 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.