Common Contracts
1 similar Contract contracts
ContractContract • February 12th, 2013
A contract is defined as a legally enforceable promise or set of promises that must be performed and, if a breach occurs, for which the law provides a remedy. Contracts may be classified according to whether the parties' intentions are express or are implied by their actions. They may also be classified as bilateral, when both parties have obligated themselves to act, or unilateral, when one party is obligated to perform only if the other party acts. In addition, contracts may be classified according to their legal enforceability as either
