When developing an od contract, the od process is clarified. question 2 options:

Social Studies

1 answer:

Katena32 [7]2 years ago

8 0

TRUE, when developing an od contract, the od process is clarified

A contract is a legally enforceable agreement that establishes, defines, and controls the mutual rights and obligations between parties. A contract usually includes a transfer of goods, services or money, or a promise to transfer at a later date. An example of a contract is a loan agreement between a car buyer and seller. An example of a contract is an agreement between two of her who wish to marry. noun.

A contract, in its simplest definition, is a legally enforceable promise. A promise can be to do something or not to do something. Execution of a contract usually requires the mutual consent of two or more people, one making the offer and the other accepting.

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