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A contract is a legally binding agreement between two or more parties.

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Is a legally-binding agreement between two or more parties.?

A contract is a legally binding agreement between two or more parties.


What is an agreement between two opposing parties?

An agreement between two different parties is known as a Bipartisan agreement. This term is used most commonly in politics.


A is a legallybinding agreement between two or more partie?

A contract is a legally binding agreement between two or more parties.


What is an example of a contract between two parties?

A lease agreement between a landlord and a tenant is an example of a contract between two parties.


What is a spate agreement?

An agreement is a compromise or understanding between two parties concerning a specific set of details. A spate agreement is when the two parties agree exactly with no need for compromise.


What is a contract, which is an agreement between two parties that creates an obligation?

A contract is a legally binding agreement between two parties that establishes a mutual obligation to fulfill certain terms and conditions.


What is subject matter of contract?

The agreement made between two parties.


What is a ZOPA?

A ZOPA is a zone of possible agreement - an intellectual zone in sales and negotiations between two parties where an agreement can be met which both parties agree to.


What are bipartite and tripartite bodies in dispute settlement?

Bipartite bodies in a dispute settlement is an agreement between two parties. Tripartitie bodies is an agreement between three parties involved in a settlement.


What was Gentleman's agreement?

It is a a non formal and a legally non-binding agreement between two or more parties. It is usually oral and relies on the honour of the parties for its fulfillment


Identify the term contract?

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


What is the significance of a contractual agreement between two parties that establishes a legal obligation?

A contractual agreement between two parties that establishes a legal obligation is significant because it outlines the terms and conditions of their relationship, ensuring that both parties are bound to fulfill their responsibilities. This agreement provides clarity and protection for both parties in case of any disputes or breaches of contract.