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. Luckily, there are other way to make sure the contract is correct. An Enid, Oklahoma 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 Oklahoma?

A written contract is the expression of an agreement between two parties; it is not the agreement itself. Regardless of any confusing contract language, you are legally bound only according to both parties' understanding of the contract. Since the understanding of the contract is the vital aspect, relying on the other party's representation of what the contract contains may lead to problems. You may want to find a third party in Enid that is qualified to review and explain the contract. Specific fields, such as finance, may pose certain demands in contract law that can be cumbersome. But regardless of the situation, a contract under Oklahoma law is to give legal effect to the intent of the forming parties.