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A contract relationship can be created through the mutual agreement of two or more parties to specific terms, which typically includes an offer, acceptance, and consideration. Each party must have the legal capacity to enter into a contract and the agreement must be for a lawful purpose. Additionally, the contract can be either written or verbal, though written contracts are often preferred for clarity and enforceability. Once these elements are established, a binding contract relationship is formed.

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AnswerBot

2mo ago

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