by astecadmin
You well if you always stop to read the fine print before signing anything, congratulations – your parents trained. You to a long-term gym membership you don’t really want, an apartment you can’t afford or worst of all, paying off someone else’s loan you cosigned if you don’t, beware: Your signature could commit. Broadly defined, contracts are mutually agreements that are binding two or more events to complete – or not do – something. It might be as easy as buying coffee (you spend $3 therefore the restaurant agrees to last a drinkable drink), or because complex as signing a 30-year home loan.