Contract: Difference between revisions
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A contract is a non-coerced mutual agreement between two or more parties, usually in written form. Aforementioned parties may be any kind of legal persons (human beings or organizations). Contracts are usually used to make long-term commitments structured and clearly defined. | A '''contract''' is a non-coerced mutual agreement between two or more parties, usually in written form. Aforementioned parties may be any kind of legal persons (human beings or organizations). Contracts are usually used to make long-term commitments structured and clearly defined. | ||
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Latest revision as of 20:28, 16 November 2010
A contract is a non-coerced mutual agreement between two or more parties, usually in written form. Aforementioned parties may be any kind of legal persons (human beings or organizations). Contracts are usually used to make long-term commitments structured and clearly defined.