Documents simply signed through the course of usual business may still be considered contracts. Purchase orders, receipts, sales agreements and others can be held legally binding under certain circumstances. 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 certain you understand the sections that state your obligations. However, documents can often be too lengthy for a worthwhile read, or so commonplace that reading each one is not practical. If so, there are still other ways you can effectively review it. An attorney in Delafield, Wisconsin can review any contract before you sign it, whether it is a standardized document or a negotiated agreement. Attorneys review contracts to ensure that the intent of their client is given proper legal expression within the written documents.
What if I Don't Understand a Contract in Wisconsin?
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 it's your understanding that matters, relying on the other party's explanation of the contract terms might lead to problems. In Delafield, you can find a neutral third party that is qualified to review and explain the contract. Negotiations in some specific fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Wisconsin is to give legal effect to the intent of the parties involved.