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Browse our 25 legal questions about Contract and the lawyer answers, or ask your own questions for free.
Contracts are a promise or a set of promises for the party breaches of which the law gives a remedy, or the performance of which the law in some way acknowledges as duties. Besides, the enforceable contract paper needs to have mutual assent or agreement, a valid offer/acceptance, and consideration.
Usually, after the negotiation process, every business agreement must sign the contracts, which is a legally enforceable promise in writing. The contract will protect the rights and benefits of each party with the mutual agreement. Moreover, when a party or parties have broken the promise, the other parties can ask the court to enforce termination, a fine, or award damage for injury sustained.
Everyone can write the contract, but with the detail and complexity of the legally binding contract, that may be vague and would affect the rights. To hire the Contract lawyer for writing the business contract would be a better choice because the particular contract lawyer has the knowledge both with the legal and business, and the well-written contract will be apparent, protect the rights and uphold the parties duties.
