Laws are foundational to functioning societies. Contracts formalize agreements of all kinds, and yet many people sign legal documents without reading them. Do you know what you’re signing?
you probably aren't protected
Don’t assume a contract considers your interests. Even when the other party is legally required to offer protections, it’s likely the contract favors the drafter. Stay vigilant.
You can learn to read legal documents through practice. Start with common ones: leases, employment agreements, financial services, etc. It may be difficult at first, but patterns will emerge. Over time, they become easier to read and understand.
Some parties will pressure you to sign quickly. Ignore it. In fact, take it as a red flag. Pressure is often a bad sign, a predatory tactic. Take as much time as you need, and be prepared to walk away. Contracts affect your money, time, freedom, and obligations. The consequences are yours to bear. Don’t take them lightly.
Don’t be afraid to ask for changes. You’d be surprised at what’s negotiable— often more than you think.
It’s a shame most educational systems fail to prepare us for contracts we’ll encounter. You must take ownership and fill the gaps in your education.
Know your obligations— contracts are enforceable whether or not you understood them. Being informed is better than being hopeful.
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