The deposition is part of the discovery process in a lawsuit; essentially, a deposition is the taking of sworn testimony before trial. Depositions are not limited solely to the parties named in a suit and may be required for any potential witness. Attorneys may take a deposition to see what a witness knows, to preserve the testimony of a witness, or to potentially point out inconsistencies in a witness’s testimony. Additionally, if a witness will be unavailable at trial, a deposition may be read into the record as that witness’s official testimony.
Given that a contract is an agreement between parties, there are an infinite number of ways that parties can agree and a contract can be written. There are some common contract evaluation methods worth reviewing before signing a contract, however, to ensure that it will suit your needs.