Common Contracts

Sample agreement form between two parties

Business Contract • June 2nd, 2021

• Contract Type
  Business Contract
• Filed
  June 2nd, 2021

A business contract is a legal agreement between a buyer and seller of goods or services. Business contracts can be used by anyone making any kind of business exchange – from large companies to individuals. Business contracts should include all details about the exchange, including payment, the type of goods or services, and the responsibilities of each party. A business contract will protect both the buyer and seller in the event the other party doesn’t hold up their end of the agreement. Table of Contents 1. What is a Business Contract? A business contract is an agreement in which each party agrees to an exchange, typically involving money, goods, or services. Business contracts protect both buyers and sellers, by reducing agreements to writing. The contract can be as long or short as necessary in order to cover the important details of the contract. Contracts require the following: Offer; Acceptance; Consideration; A meeting of the minds Contracts are legally binding on the parties