What is a Contract? | LegalMatch
Jul 16, 2010 · What is a Contract? An agreement between two private parties that creates mutual legal obligations. A contract can be either oral or written. However, oral contracts are more challenging to enforce and should be avoided, if possible. Some contracts must be written in order to be valid, such as contracts that involve a significant amount of money (over $500).
DA: 30 PA: 11 MOZ Rank: 35