Under certain circumstances, documents simply signed through the course of business might 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 crucial that you understand your end of the agreement. If you don?t, you might still be held liable.

How Can I Ensure a Contract is Good?

Reading a document before you sign it is obviously the cardinal rule. The clauses outlining your duties under the contract are especially worthy of special attention. However, documents can often be too long 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. Lawyer in Stillwater, Oklahoma can review any contract before you sign it, whether it is a negotiated agreement or a standard form signed during routine business. For lawyer, the process of a contract review is to ensure that the written documents match the legal intent of their clients.

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 typically matters most, regardless of cumbersome contract language. Since you will be bound by your understanding of a contract, it is unwise to rely too much on the other party's representation of your duties. A neutral third party in Stillwater can be hired to review and explain the contract. Regardless of how complicated the negotiations in a particular field may be, giving the intent of the parties legal effect is the objective of all contracts under Oklahoma law.