What Makes a Sound Legal Contract?

What Makes a Sound Legal Contract?

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Whether you’re dealing with a real estate transaction, an employment contract, or an agreement with a business vendor, the documents you use are of vital importance. They say that the backbone of the legal world is in the paperwork, and it’s true- the contracts you sign determine the outcomes of everything in your personal life and your career. However, there are too many documents out there that aren’t clear, concise, or even legally enforceable. Disputes of all kinds often stem from two parties interpreting a contract in different ways. And when it comes to lawsuits, the preceding contracts form the foundation of both the prosecution and the defense. Most legal documents go through three stages: Initial offer- creator of contract outlines their “bid.” Consideration or counteroffer- other parties consider the…
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