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 essential 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 attorney in Kingfisher, Oklahoma can review any contract before you sign it, whether it is a standardized document or a negotiated agreement. Attorneys review contracts to ensure that the intent of their client is given proper legal expression within the written documents.
What if I Don't Understand a Contract in Oklahoma?
A contract is a written form of an agreement, not the agreement itself. Contract language is cumbersome, but it is your understanding of the actual agreement that usually matters most. 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 Kingfisher can be hired to review and explain the contract. Regardless of how complicated the negotiations in a specific field may be, giving the intent of the parties legal effect is the objective of all contracts under Oklahoma law.