Answer:
The correct answer is B. Agreements.
Explanation:
Agreement is, in Law, the decision taken jointly by two or more persons, or by a board, assembly or court. It is also called a pact, treaty, agreement, convention or resolution taken within an institution (any type of organization or company, public or private, national and international).
It is, therefore, the manifestation of a convergence of wills (decision by consensus) in order to produce legal effects. The main legal effect of the agreement is its obligation for the parties that grant it (Pacta sunt servanda) being born for the same obligations and rights (bilateral or synalagmatic contract), all to the extent provided by applicable law.
The legal validity of an agreement requires that the consent of the grantors is valid and its purpose is true and determined, not out of trade or impossible. Regarding the form of its celebration, oral or written, laws usually require certain formalities that depend on the nature of the obligations agreed upon.
