A contract serves not only serves to formalize, but to clarify the terms of an understanding between two or more parties in connection with a specific subject or subjects. Contracts can cover a wide range of business matters, including the purchase and sale of products or services, the terms of continuing business relationships (e.g., joint ventures) or the settlement of disputes. Many problems arise during the formation of business contracts when, without professional legal assistance, the parties fail to clearly set forth what they each understood in good faith to be all of their respective rights and obligations. In addition, many otherwise successful business people can be unaware of laws that might make an agreement unenforceable. For instance, Florida statutes provide that no court action can be brought to enforce the sale of land or tenements - as well as a lease or any agreement that is not to be performed within the space of 1 year - unless there is some note or memorandum in writing and signed by the party to be charged with any obligations under such agreement. With certain exceptions that can be explained in detail by an attorney, a sale of goods in excess of $500 must be set forth and signed by the party to be charges to be enforceable in court.
James C. Brock, a contract attorney located in Orlando, Florida, can provide professional advice and assistance in contract law matters including:
Consider the following Consumer Tip appearing in The Florida Bar Association’s official website concerning contracts: “Each year, Florida residents lose money because they do not understand contracts when they enter into them or what to do when the other side breaches the agreement. In many of these cases, the advice of a lawyer would have prevented the loss. Only a qualified lawyer can advise you on whether an agreement is binding and what rights and obligations you may have if there is a breach. Before you enter an agreement requiring the giving or payment of valuable consideration, it is best to have a qualified lawyer review the agreement, detail your obligations under it, and explain the circumstances of a breach of the agreement. Never sign anything that you are not able to read and understand.”
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