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Drafting contracts is not that simple that  a plain language and short sentences is used with disregarding of judicial proceedings and other legal considerations. Meaning interpretation, for example,  is still a significant threat that can arise with "simplicity". In other words, the purpose of using legal forms in contracts is to avoid or/and reduce misinterpretation or/and ineffectively of contracts. Due to the transnational character of many internet contracts, we need to stick to the international conventions in order to cover up most bases and to allocate the jurisdiction that the contract is governed by when conflicts raised. However, legal formed contracts goal is to minimise risks, and it is proven to be the safest way to form an agreement. To sum up, do not use the informal way as it might cost you nothing to be created, but surly they are costly and risky when applied in real life. 

I.          Introduction It appears that there is a difference between two principles in common law when it comes to contracts interpretation. Since 1982, The Australian High courts have endorsed the Codelfa approach, from Codelfa Construction Pty Ltd v State Rail Authority of N.S.W . , in interpreting commercial contracts. [1] The notion of Codelfa approach requires judges to adopt the natural and ‘plain meaning’ of contract words – not to construe the meaning of the words of an agreement, that is, unless there is an ambiguity. [2] In such cases where an obscurity in wording does occur, then the ‘evidence of surrounding circumstances is admissible to assist in the interpretation of the contract.’ [3] Thus, the judge will consider the background facts just when there is a lack of plain meaning in the terms of an agreement. In 1998, however, a new approach to contract interpretation was introduced, developed by Lord Hoffmann in the case of Investors Comp Schem