Contracts for services are often laden with terminology that most consumers ignore. Additionally, employment contracts are more common and can also be chock full of terms the basic worker may choose to skip over. The Enterprises TV show reviews why consumers should read contracts before signing them.
Standard clauses written in contracts include automatic renewal language, early termination penalties, liability waivers, arbitration waivers and agreement to not ask for commission. Consumers usually skip over these parts of legal agreements in order to get the service they want or a job they need. But it pays read everything in a contract before signing it.
Credit monitoring services always have an automatic renewal clause written in the statements customers sign before the service starts. In some cases, one cannot get the monitoring without taking the automatic renewal. Write the date of the renewal down and cancel the service via email or regular mail before it comes up.
Early termination fees are another standard clause included in service contracts. Most often, it is found in wireless provider contracts. Again, it may not be possible to get the service without agreeing to this. However, read the entire contract and pay attention for language that has to with service. If the service is not as promised, the customer may be able to cancel without too much of a penalty.
The Enterprises TV show notes that liability waivers are usually included in the paperwork at locations where someone could get hurt. The waiver protects the business or organization from being sued if a consumer is injured on site. There is no way around this one.
Arbitration waivers prohibit a consumer from suing a company or organization for any reason. Some waivers also state that if legal action is taken, the costs will be incurred by the suing party.
Always be sure to read the entire contract, service or legal agreement before signing or initializing any part of it. Refuse to be rushed into signing a contract. Go to a quiet space, take time to read the contract and sign only if needed. Your name is on it and it is binding until the term period ends.