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.. 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 typically 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. Whether they are routine documents or negotiated agreements, an attorney in Coram, New York can review any contract before you sign it. In reviewing a contract, a lawyer will ensure that your intent is what shows up in the written document.
What if I Don't Understand a Contract in New York?
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 might want to look for an outside source in Coram 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 New York law.