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 critical 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. 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. A Shelby County, Tennessee 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 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 usually matters most, regardless of cumbersome contract language. If you do not understand a contract, you might want to look for an outside source in Shelby County to review and explain it. It is unwise to rely on the other party's representation of what is contained in the contract. Negotiations in some particular fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Tennessee is to give legal effect to the intent of the parties involved.