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Before you sign a contract
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Before You Sign a Contract
Security from any fraud and unscrupulous activities should be a
serious concern for anyone who is into sales, lease, jobs, or any
kind of services that entail certain provisionary agreement and
Whether a party is a first time or an expert person, the industry
and the services that go with it presents the concerned person with
risks and challenges that you cannot underestimate. Every time that
a person is engaged in a commercial transaction in the society, he
or she is in danger of submitting their selves to probabilities of
That is why contracts were made to ensure the security of both
Generally, contracts are created to provide solid information about
the agreement that transpired between two or more parties and that
any details stated therein are bounded by certain laws and
regulations. Hence, it is extremely important for a person to know
the important details of the contract before he or she signs and
submits to the pact.
Here is a list of some of the things people should know before they
sign a contract. Knowing these will surely protect them from any
discrepancies or any fraudulent activities that may happen.
1. Be aware that a contract is a legal document, bound by legal
provisions and stipulations.
As defined, it is a “legally binding,” printed arrangement signed by
two or more factions or groups, which entails their commitment to
With the term legal, this means that any provisions stated therein
are bounded by law, in which, any act, made by a particular party or
all of the parties concerned, that constitutes as non-conformity to
the details of the agreement will be held liable with the law.
This means that anybody could be imprisoned or held in custody with
the law unless other wise the concerned party is proven not guilty.
Hence, it is important to be meticulous about the details of the
contract before signing it to avoid any potential risk.
2. Make sure that you are dealing with trustworthy and reliable
It is extremely important to know first who the concerned person is
dealing with. Therefore, it would be better if an individual or a
party would try to do some investigations and background checks
first before they sign the contract.
If in the event that a person or a party is in doubt, it is best to
follow their instincts and forego the signing of the contract.
3. Know the fine print
The problem with most people is that they assume every detail as
part and partial of the whole agreement, thinking that everything
will be stated as agreed verbally, and that there will be no harm if
they will not read thoroughly the fine print.
This should not be the case; otherwise, they can get into trouble
with the parties involved or with the law.
People should bear in mind, that the law fully assumes that any
person or entity that has agreed to sign in a contract has fully
understand the details stipulated therein. Hence, there is no excuse
for any party who claims that they had missed certain details in the
4. Make sure that all of the details about the contract are fully
This means that all information pertinent to the agreement should be
stipulated clearly and completely. For example, for service
contracts, be sure that the beginning date and ending date of the
service is clearly stated.
5. Make certain that there are no blank spaces in the contract
Before signing a contract, concerned parties should try to inspect
the document meticulously and ensure that there are no blank spaces
present. This may pose greater risks if left unattended, especially
if their signatures are already affixed on the contract.
All of these things are boiled down to the fact that people should
be very careful about transactions, deals, or agreements that they
commit to. It is relatively important to be aware and knowledgeable
of the details of the contract before signing it.
You may have heard that ignorance of the law is not an excuse. This
is true, therefore, it is better to be fully aware of it than to be
in trouble with the law in the end.
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