If Words and Figures Are Inconsistent, the Words Will Prevail

One is less likely to make a mistake in writing out a number in words than writing it in figures. Thus, words prevail over figures.

Vocabulary

to supersede [,sju:pə’si:d] отменять, заменять собой

provision положение, условие (договора)

life insurance policy полис страхования жизни

typing впечатанное в готовую форму/ бланк

inconsistent противоречивый

validity действительность, законность

to initial подписывать инициалами, ставить инициалы

to prevail преобладать

contingency случайность, случай; непредвиденное обстоятельство

Read and translate into Russian:

When You Enter a Contract

1 If a contract is complex or involves much time or money, put it in writing when not required by Statute of Frauds. Be sure the words are understandable. Cover all important contingencies, and clearly reflect your intensions. When appropriate, consult a qualified lawyer.

2 If a prepared contract is presented to you for signature, read it carefully, especially if it is a contract of adhesion.

3 Insist on definition and explanation of any terms of the contract which you do not understand. Make necessary changes, or reject the entire contract.

4 Make sure that all changes are written into the contract on all copies as well as on the original, and that all changes are initialed by both parties.

5 Be sure your entire agreement is included in the writing. The parol evidence rule may bar evidence of all prior and contemporaneous oral or written agreements.

6 When any payments have been made in cash, be sure to get a receipt if payment is not acknowledged in the contract. (If payments are made by check, indicate the purpose on the face of the check. The canceled check will serve as your receipt.)