A contract is an agreement. The agreement can be oral or verbal. Written contracts are preferred for enforcement purposes. The agreement also clearly stipulates and outlines specific obligations to be fulfilled by each party in the contract. Failure to honor the agreement amounts to breach of contract, punishable by law.
A commitment is hereby made between the undersigned parties in an agreement that both parties agree and commit to act in respect to the terms and conditions as stated herein:
“You can Download the Free Contract Template form, customize it according to your needs and Print. Contract Template is either in MS Word and Editable PDF.”
Category: Contract Templates