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 essential 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. Whether they are routine documents or negotiated agreements, an attorney in La Crosse, Wisconsin can review any contract before you sign it. In reviewing a contract, a lawyer will ensure that your intent is what shows up in the written document.
What if I Don't Understand a Contract in Wisconsin?
Although contracts are expressed in words, the agreement itself is what matters. Regardless of the language, parties to a contract are usually legally bound only according to their 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 La Crosse can be hired to review and explain the contract. Contract negotiations, especially in the context of specific fields such as finance, can be time consuming and difficult. But as in all contracts, the objective is to record the intent of the parties so that their agreement will be given legal effect under Wisconsin law.