Question

A brief description of the contract and the parties involved

Answer 1

An agreement, which is backed by the mutual acceptance of a valid offer for a legal activity, is known as a contract. The persons who are entering into such a contract are parties to the contract.

What is contract?

A contract between two or more parties is said to be legally binding, when there is a mutual acceptance and agreement between the parties, where both the parties have the capacity to fulfill the agreement for a predetermined consideration.

Hence, the significance of contract is aforementioned.

Learn more about a contract here:

brainly.com/question/2669219

#SPJ1