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Commercial contracting involves agreements between parties for the exchange of goods or services with the intent of generating profit, typically adhering to market-driven terms. Noncommercial contracting, on the other hand, often pertains to agreements that are not primarily focused on profit, such as those involving government entities, nonprofits, or educational institutions, and may include public service contracts or grants. The key distinction lies in the purpose and nature of the agreements, with commercial contracts being profit-oriented and noncommercial contracts serving broader social or public interests.

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5mo ago

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