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 important 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?
Before you sign anything, read what you are signing. Pay careful attention to the clauses of your duties under the contract. 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. A Bradford, Pennsylvania 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 lawyer will ensure that the legal effect of the documents matches your intent.
What if I Don't Understand a Contract in Pennsylvania?
Although contracts are expressed in words, the agreement itself is what matters. Regardless of the language, parties to a contract are generally legally bound only according to their understanding of the contract. Since it's your understanding that matters, relying on the other party's explanation of the contract terms can lead to problems. In Bradford, you can find a neutral third party that is qualified to review and explain the contract. Some specific fields, such as finance, pose certain demands that can be time consuming to fulfill. But no matter how complicated the negotiations, the objective of a contract is to give the intent of the parties legal effect under Pennsylvania law.