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 essential 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 Franklin, 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?
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 generally matters most, regardless of cumbersome contract language. Given that your understanding of the contract is what matters, problems can result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Franklin who are qualified to review and explain contracts. 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.