What is an american business contract?

Answer A business contract under U.S. law is an agreement between two persons or entities for an exchange of products or services. For a contract to be valid, an offer must be made and accepted. Contract ... Read More »

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What is an informal business contract?

Informal business contracts are not of record, are not necessarily signed by either party and do not require a seal. They can be written or oral and are not legally binding in some locations.Source... Read More »

What is the meaning of a business contract?

A business contract is an agreement between at least two parties who promise to do or not do something in exchange for money or other compensation. Some small business owners use business contracts... Read More »

What Is the Meaning of an Adult Contract in Business Slang?

An adult contract is a business slang term for an enforceable contract between adults. In schools, recreation centers, pools and other situations in which children are involved, adults sometimes wr... Read More »

What does open contract mean in the hotel business?

In the hotel business, an open contract is a business transaction whose terms are not in its entirety and has modifiable clauses upon mutual consent. The contract's terms may only identify the part... Read More »