2.Essentials of contract Flashcards
1
Q
What is a contract?
A
It is an agreement between 2 or more parties that is legally binding
2
Q
Why is contract law necessary?
A
It clarifies rights, obligations and remedies
What is a contract?
It is an agreement between 2 or more parties that is legally binding
Why is contract law necessary?
It clarifies rights, obligations and remedies