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. For any such agreements, it is crucial that you understand your end of the bargain and the legal consequences of it. Otherwise, you could be held legally accountable for something you did not expect.
How Can I Ensure a Contract is Good?
As a general rule, read anything before you sign it. As you read it, make sure you understand the sections that state your obligations. However, documents can often be too long 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 Levittown, Pennsylvania can review any standardized documents that are signed during routine business, and can also look over any individual contract before you sign it. As they review contracts, Lawyers ensure that the written documents match the intent of their clients.
What if I Don't Understand a Contract in Pennsylvania?
The words of a contract are the expression of an agreement, not the agreement itself. It is the parties' understanding of the contract as it is made that determines its legal effect, regardless of the particular words used. Since it's your understanding that matters, relying on the other party's explanation of the contract terms might lead to problems. In Levittown, you can find a neutral third party that is qualified to review and explain the contract. Particular fields, such as finance, may pose certain demands in contract law that can be cumbersome. But regardless of the situation, a contract under Pennsylvania law is to give legal effect to the intent of the forming parties.