Assignment | legal issues in a contract

Running head: CONTRACT LAW
CONTRACT LAW
Name of the Student
Name of the University
Author Note

CONTRACT LAW1
Purpose of purchasing professionals to understand legal issues in a contract
A contract is considered to be an agreement which is binding in nature and it is
considered to be enforced by law. The contract is considered to be statutory which needs the
assistance of a legal personnel or a professional person who would be considered to be an expert
in this field and would have sufficient knowledge in order to guide the parties who are subjected
to a contract (Stone 2016). A legal personnel is considered to be necessary as the legal language
of the contract needs to be specified and needs to be used while drafting of such document. In
order to protect the parties against any kind of breach a legal personnel needs to be appointed
who would assist the parties and guide them through the procedures which are involved in
making the contract valid and help in fulfilling the promises which have been made in the
contract in order to avoid any breach. Therefore, it is essential to appoint a legal representative
for addressing the legal issues in the contract because they would have a good understanding of
those issues (Knapp, Crystal and Prince 2019).
Potential consequences for not understanding legal issues
A contract is considered to be a legal document which is binding on parties who have
entered into an agreement. Therefore, the conditions which have been laid down if they are not
fulfilled by the parties to the contract would be considered to have committed a breach of
contract and thus have to face the consequences (Zagenczyk, et al., 2015). In order to understand
the terms and conditions laid down in the contract and the consequences which would be implied
on the parties if the conditions laid down in the contract are not fulfilled it needs to be drafted by
a legal professional and such professional would be considered to provide a brief understanding
on the subject to such terms and conditions laid down in the contract. If there has been a breach