Do Now

1) What is a contract?2) What does it mean when people talk

about "the fine print"?

Reminders

• News Article Analysis due FRIDAY!

10.4- Contracts

• Contract- formal, legally binding agreement

• “Fine Print”- the terms and conditions you agree to when you sign a contract

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

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

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

Independent Practice

• Use the sample T-Mobile contract to answer the questions

Homework

• News Article Analysis due FRIDAY!

Exit ticket

• 1) What is the "fine print"?• 2) What is the most important thing to beware

of when signing a contact?