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.. As a legally binding agreement, a contract must be fully understood in order for its legal consequences to be appreciated. Not expecting a contract's enforcement is generally no excuse under the law.
How Can I Ensure a Contract is Good?
Before you sign anything, read what you are signing. Pay careful attention to the clauses of your duties under the contract. If the document is too long for a worthwhile read, or it is so commonplace that reading it is not practical, there are still other ways you can effectively review it. An attorney in Carle Place, New York 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 New York?
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. If you do not understand a contract, you might want to look for an outside source in Carle Place to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Regardless of how complicated the negotiations in a particular field may be, giving the intent of the parties legal effect is the objective of all contracts under New York law.