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Q: What is a written agreement or promise between two or more parties?
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The definition of a contract is?

The definition of a contract is an agreement (verbal or written down) between two parties.


A written agreement between the travel agency and its client protects the?

A written agreement between a travel agency and its clients protects both parties. When planning travel, there are many variables that can alter plans and this agreement should address those.


Identify the term contract?

A contract is defined in law as an agreement between two parties with an offer, acceptance, and consideration.


Is a witness' signature required on a written agreement between two parties regarding repayment?

If the agreement (contract) was signed in the presence of a Notary Public, no.


What is an agreement between two or more parties that is enforceable in court?

Contract. There are two forms of enforceable actions in court under this question: 1) A Written Contract - signed by all parties, and any amendments to the contract 2) A verbal agreement, where it can be shown there was some form of agreement between he parties, and that one or more parties took action to fulfill the terms of the agreement (action to fulfill the terms constitutes a binding contract)


What is a written agreement between a hotel management and the hotel owner is?

A agreement is written and signed by two parties - to avoid misunderstandings in the future. A written agreement is a contract. An owner will better try to have an agreement (contract) with a hotel management company, because a hotel is to be managed and guestrooms are to be sold.


What are the exceptions to the rule that No consideration - No contract?

Section 25 declares that `an agreement made without consideration is void'. It means that consideration is a must in all cases. Exceptions to the rule are: • written and registered agreement out of natural love and affection between the parties; • promise to compensate a person who has voluntarily done something for the promisor; • promise to pay time-barred debt; • completed gift; • creation of agency


Can a car dealership refuse to pay off trade when it is in the contract?

A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.


My husband agreed to sell his car and then changed his mind. There was no written contract and no deposit. Can the other party place a lien on the car?

Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.


All contracts are agreement but all agreements are not contract?

Yes, all contracts are agreements, because a contract is a legally binding relationship that exists between two or more parties to do or abstain from performing certain acts. An agreement is a form of cross-reference between parties which may be written or oral, and lies upon the honor of the parties for its fulfillment, rather than being in any way enforceable.


Is treaties a synomyn for agreements?

It can be. It would be more the case if it was a written agreement, signed by the different parties to the agreement.


How binding is a purchase agreement?

Contracts are legally binding on both parties to them.