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- contract | Wex | US Law | LII Legal Information Institute
A contract is an agreement between parties, creating mutual obligations that are enforceable by law The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality
- Contract - Wikipedia
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties A contract typically involves consent [1] to transfer of goods, services, money, or promise to transfer any of those at a future date
- CONTRACT Definition Meaning - Merriam-Webster
The meaning of CONTRACT is a binding agreement between two or more persons or parties; especially : one legally enforceable How to use contract in a sentence Synonym Discussion of Contract
- What is Contract? definition, elements and types - Business Jargons
Definition: The term contract is defined as an agreement between two or more parties which has a binding nature, in essence, the agreement with legal enforceability is said to be a contract It creates and defines the duties and obligations of the parties involved
- What is a Contract? - LegalMatch
A contract is an agreement between two private parties that creates mutual legal obligations for the parties to the contract Contracts can be in an oral form or a written form However, it is important to note that an oral contract is more challenging to enforce and should be avoided when possible
- CONTRACT | English meaning - Cambridge Dictionary
CONTRACT definition: 1 a legal document that states and explains a formal agreement between two different people or… Learn more
- contract Definition, Meaning Usage | Justia Legal Dictionary
contract - A legally binding agreement made between two or more parties that creates duties and rights, and provides remedies for breaches of those duties
- What is contract law? Definition and types - LawDistrict
Contract law is an area of law pertaining to legal agreements between individuals, businesses, and groups A written and signed contract creates an obligation between two or more parties to do or not do particular things, such as an exchange of money for goods or services provided
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