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Contract

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Revision as of 20:27, 16 November 2010 by Forgottenman (talk | contribs) (moved Contracts to Contract: better title, author request)

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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