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Do Now 1)What is a contract? 2) What does it mean when people talk about "the fine print"?

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Presentation on theme: "Do Now 1)What is a contract? 2) What does it mean when people talk about "the fine print"?"— Presentation transcript:

1 Do Now 1)What is a contract? 2) What does it mean when people talk about "the fine print"?

2 Reminders News Article Analysis due FRIDAY!

3 10.4- Contracts Contract- formal, legally binding agreement “Fine Print”- the terms and conditions you agree to when you sign a contract

4 Why read the Fine Print? You will understand exactly what you are agreeing to when you sign the contract. It often contains information about extra charges or fees

5 What to do before you sign a contact READ THE CONTRACT If you do not understand something, ask questions! Check all the figures and charges Do not sign a contract that has mistakes or missing information

6 Be careful of the following: Don’t let the salesperson rush you Never sign a contract with blank spaces. Do not agree to verbal contracts- get it in writing! Always request a copy of the contract

7 Independent Practice Use the sample T-Mobile contract to answer the questions

8 Homework News Article Analysis due FRIDAY!

9 Exit ticket 1) What is the "fine print"? 2) What is the most important thing to beware of when signing a contact?


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