【答案】：A contract is an agreement enforceable by law, by which two parties mutually promise to buy or sell some particular things, or to do a certain work. It should include the obligation and right and binding for two parties.
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An implied contract is a legally enforceable agreement that is formed by the conduct or behavior of the parties rather than through specific words. Most legal contracts are written down, but those that are implied typically aren’t, and not only that they often don’t even involve direct commu...
Plan 1is aimed at small enterprises and costs £100 per month for a one-year contract length, plus an additional £200 in one-off fees. Plan 2is aimed at larger enterprises and costs £500 per month for a one-year contract period, plus an additional £1,000 in one-off fees. ...
To define a contract it is vital to understand that a contract is fundamental to making any agreement legally valid. The prominence of a contract makes it an essential requirement for transactions across business teams. A contract legally enforces an agreement’s terms, paving the way for smooth...
First, it will be helpful to define the term and answer the question, “What exactly is a contract?”A contract is a formal, legally binding agreement between two parties. This agreement creates “mutual obligations that are enforceable by law.” ...
An offer is a promise made by one person to obtain a promise from another person. What is an Offer of a Contract? The person (which could also be a company) who makes the offer is the "offeror." The recipient of the offer is the "offeree." The offeror promises to do something, ...
If the contract is terminated earlier than what the two parties agreed, the insurer will still receive the premium they’re entitled to. Generally, the amount of premium earned is dependent on the amount of time for which the coverage has been provided. ...
Contract liability refers to liability that one party of a contract shoulders on behalf of another party. It is implemented through an indemnity agreement or hold harmless agreement in a contract. This type of liability can be used to transfer the risk of lawsuits from one party to another, ...
An implicit contract is an obligation that arises because of actions of involved parties. Unlike other contracts, implicit...