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. Understanding your end of any such agreements is crucial so that you can be aware of any legal consequences. You may be legally accountable for a contract, even if your understanding is incomplete.
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 obligations and duties. If the document is too long 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. Lawyer in Fairview, Tennessee 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 Tennessee?
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 the understanding of the contract is the vital aspect, relying on the other party's representation of what the contract contains might lead to problems. You may want to find a third party in Fairview that is qualified 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 Tennessee law.