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. 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?
Reading a document before you sign it is obviously the cardinal rule. The terms outlining your duties under the contract are especially worthy of special attention. If the document is too lengthy for a worthwhile read, or it is so commonplace that reading it is not practical, there are still other ways you can effectively review it. Attorney in Phoenixville, Pennsylvania can review any contract before you sign it, whether it is a negotiated agreement or a standard form signed during routine business. For attorney, 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 Pennsylvania?
A written contract is the expression of an agreement between two parties; it is not the agreement itself. Regardless of any confusing contract language, you are legally bound only according to both parties' understanding of the contract. 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 Phoenixville can be hired to review and explain the contract. Some specific fields, such as finance, pose particular 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.