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Find free contract templates you can use today and download in PDF or Word. All templates have been reviewed by legal experts and are ready to use.
Contract. 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.
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.
People enter into several contracts every single day whether consciously or unconsciously. This is so because a contract is simply an agreement between parties be it in writing or not. Yes, a verbal agreement is a con [...]
CONTRACT definition: 1. a legal document that states and explains a formal agreement between two different people or…. Learn more.
Contract definition: an agreement between two or more parties for the doing or not doing of something specified.. See examples of CONTRACT used in a sentence.
Simply put, a contract is an agreement between two or more people or entities that creates a legal duty or responsibility. Entities entering a contract might include individual people, companies, corporations and organizations, but there are a few conditions that must be met for the contract to hold water in the courtroom.
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date.
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. noun [ C ] uk/ˈkɒntrækt/us. Add to word listAdd to word list. B1. a legal agreement between two people or organizations, especially one that involves doing work for a particular amount of money. Examples. a legally binding contract. a lucrative contract.
