Research and find a contract or other agreement that involves an exchange of money. Write a summary of the company, its purpose,

Question

2 years ago

7

Research and find a contract or other agreement that involves an exchange of money. Write a summary of the company, its purpose,

and a few of the basic terms of agreement. Also, write any questions or concerns that a person agreeing to the terms may have.

English

1 answer:

Bogdan [553] · Answer 1 · 2023-08-21T10:31:11+03:00

A summary of a typical contract that involves an exchange of money is:4

A 30-day refund policy for a defective good.
The seller pays the cost of transportation of the goods.

<h3>What is a Contract?</h3>

This refers to the written agreement between two or more parties that is legally binding about an agreed thing.

Hence, we can note that in a typical contract situation, there is usually the inclusion of clauses to protect both the buyers, sellers, and intermediaries such as the 30-day refund policy listed above.