The meaning of CONTRACT is a binding agreement between two or more persons or parties; especially : a legally enforceable agreement between two or more parties that creates in each a duty to do …

A contract arises when a promise gives rise to a legal duty. A promise is enforceable only if supported by adequate consideration, meaning something is exchanged to induce the promise.

A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent [1] to transfer of goods, services, money, or …

CONTRACT meaning: 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.

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which are …

2024年3月1日 · First, it will be helpful to define the term and answer the question, “What exactly is a contract?” A contract is a formal, legally binding agreement between two parties. This agreement …

6 天之前 · contract (plural contracts) An agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement.

This term, in its more extensive sense, includes every description of agreement, or obligation, whereby one party becomes bound to another to pay a sum of money, or to do or omit to do a certain act; or, …

2026年1月2日 · A contract is a legally enforceable document that creates mutual obligations between two or more parties. Generally, you can enforce a contract using state or common law, commercial …