A document can be considered a contract, even if it is one that is simply signed through the ordinary 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?

Before you sign anything, read what you are signing. Pay careful attention to the terms of your duties under the contract. 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. A Canton, North Carolina attorney can look over a contract before you sign it, as well as review any standardized documents that you deal with on a routine basis. In so doing, the Attorney will ensure that the legal effect of the documents matches your intent.

What if I Don't Understand a Contract in North Carolina?

The words of a contract are meant to simply express an agreement between two parties. They are not the agreement itself. It is your understanding of the contract that generally matters most, regardless of cumbersome contract language. Since you will be bound by your understanding of a contract, it is unwise to rely too heavily on the other party's representation of your duties. A neutral third party in Canton can be hired to review and explain the contract. Regardless of how complicated the negotiations in a specific field may be, giving the intent of the parties legal effect is the objective of all contracts under North Carolina law.