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Contract Disputes

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Contract Disputes

Introduction

Contracts are considered the basis of our daily activities. Contracts provide individuals with means of conducting businesses. Contracts set rules for sale and transfer property and other services. The importance of contracts in commerce cannot be ignored. It is because without enforceable contract, ecommerce would collapse.

Contract is an agreement that is enforceable by law or the court (Cheeseman, pp. 153).

Parties to a Contract

In a contract, two parties are involved. These parties include offeror and offeree. Offeree is a party that invites the other party to enter into a contract. On the other side, offeree is a party to ...
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