Guide to Common Contracts

Contracts have come to play a key role in most, if not all business transactions. A legally enforceable agreement among parties promising to do or not to do something in exchange for a consideration, contracts come in various forms and serve an array of functions. There are hundreds of types of contracts in existence; however, there is a handful that most of us will certainly come in contact wit...

 

Guide to Understanding Contracts

Contracts are an essential part of one’s daily life. Almost all business transactions are regulated by a contract, which is why it is necessary for one to understand the basic terms used here. A legally binding agreement, a contract is one that is voluntarily entered into by different parties to create a legal undertaking or promise that something will or will not happen. Contracts are typ...

 

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