0
Well they are similar in the fact that they are agreements. They are both agreeing on what each part will do. However their differences are more profound. Treaties are between countries therefore their is no real enforcers because countries are not controlled by laws like citizens. Contracts are between citizens or corporations and are under the law and can be penalized for breaking the contract. They both are usually similar in format.
What else can I help you with?
Which statement about contracts is correct?
The correct statement about contract is that a contract is an agreement between a buyer and a seller. A contract can be a written or oral agreement.
Is agreement synonymous with contract?
No, agreement is not synonymous with contract. An agreement is a mutual understanding between parties, while a contract is a legally binding agreement that outlines specific terms and conditions.
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 agreement between two parties?
A contract is a legally binding agreement between two or more parties.
what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
What are the similarities and differences between law of contract and law of tort?
The similarities between contract law and tort law include both being branches of civil law that deal with obligations and responsibilities between parties. However, the key difference is that contract law is based on voluntary agreements between parties, while tort law involves wrongful acts that result in harm or loss to another party without a previous agreement.
What are the similarities between sale of goods and hire purchase agreement?
i
What is contract and agreement?
There is a minor difference between contract and agreement. The outline of a contract is more formally presented than the terms laid out in an agreement. A contract contains the obligations and authority that the court has to enforce while the agreement is a less formal version of the two parties obligations.
What is agreement contract?
There is a minor difference between contract and agreement. The outline of a contract is more formally presented than the terms laid out in an agreement. A contract contains the obligations and authority that the court has to enforce while the agreement is a less formal version of the two parties obligations.
What is a formal contract?
It is an agreement between the chicken and the tender.
What are the differences between a contract and agreement?
Nothing. An agreement is to agree and a contract is too agree too. ( unless the person tells you not to read it then they are tricking you )
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.
