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. Whether they are routine documents or negotiated agreements, an attorney in Holdenville, Oklahoma 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 Oklahoma?
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 Holdenville can be hired to review and explain the contract. Certain 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.