Under certain circumstances, documents simply signed through the course of business may be considered contracts. Purchase orders, receipts, sales agreements and others are contracts when they are held to be legally binding. Since the contract is a written agreement between parties, it is critical 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?
Obviously, reading anything before you sign it is the first step. But as you read it, pay careful attention to the terms of an agreement 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. Whether they are routine documents or negotiated agreements, an attorney in Xenia, Ohio 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 Ohio?
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. Given that your understanding of the contract is what matters, problems can result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Xenia who are qualified to review and explain contracts. Negotiations in some specific fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Ohio is to give legal effect to the intent of the parties involved.