What is a Contract?

Contract

Contract is an agreement that mutually binds the seller (to provide the specified product or service or result) and the buyer (to pay for it). A contract is an exchange of promises between two or more parties to do an act, which is enforceable in a court of law. It is a binding legal agreement. It is an agreement creating and defining the obligations between two or more parties.

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About Mark Smith

I am passionate about reading. I love to read anything, whether it is an article, a blog post, an advertisement, a piece of old newspaper, anything. I am a full-time trainer and love to interact with people. I enjoy what I do and love the world. I request all the readers go green. Plant a tree to make a day memorable. Plant a tree on your Birthdays, Anniversaries, your child's birthdays, etc. Spread these words, lots of trees is to be planted to make our environment healthy.
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