Contracts are legally binding agreements where two parties agree to do or not to do something. The average person enters into various contracts every day from purchasing insurance policies to buying homes or making a routine purchase. It is crucial that both parties understand the terms of a contract before entering into one. Lack of communication and a misunderstanding of the contract’s terms can often lead to disputes.
If you do not understand the terms of your contract, you should consult with an attorney before signing the contract.
Ralph Wilson Law can assist you with any contract issues you may have.
When two parties enter into a contract, there are some circumstances that may make the contract void or voidable. Some of the most common issues our clients face are:
Lack of Mutual Assent
When the two parties are in disagreement over the fundamental elements of the contract, the party who is adversely effected by the agreement may be able to void the contract. Lack of mutual assent only applies if both parties make a mistake unless the non-mistaken party was taking advantage of the mistaken party through deception.
A contract is only legally binding if both parties are competent. If a party was intoxicated, mentally ill or a minor, they are not bound by the agreement and the contract is void.
Fraud or Coercion
Coercion or fraud can also deem a contract voidable. In this case, you must be able to prove that one party used pressure or force to get the other party’s consent to agree to the contract. This is not limited to just physical coercion as a contract entered under mental duress would be voidable as well. In the case of fraud, one party purposely misrepresents the terms of the contract.
In addition, Ralph Wilson Law assists clients with the:
- Drafting of contracts
- Enforcing contracts
- Reviewing or consulting contracts
If your contract has been breached, we can also assist you in filing a lawsuit against the other party involved.
Enforcing a contract can be just as complex as the contract itself, but working with a skilled attorney will make the process as simple and straightforward as possible. Our attorney understands business, and we understand how to make the court system work in your favor.
Contracts are a vital part of the business world. Working with an attorney who is experienced with contract law is essential to understanding the terms of your contracts and enforcing the contracts you enter with other parties.
Ralph Wilson Law has helped many individuals and businesses uphold the terms of their contract, and fight against contracts that are voidable. We have decades of experience and have a thorough understanding of South Carolina’s contract laws. If you are facing a contract dispute, or anticipate a dispute in the future, we can offer you the legal assistance you need and help you determine the best course of action to take.