Accountancy, asked by manu0047, 11 months ago

5 ponit of difference between contract and contact​

Answers

Answered by dualadmire
1

Contract and Contact are two different things and this can be proved on the following basis:

1) Contact means to call someone or to make contact with someone whereas Contract means to make a legal agreement with someone.

2) Contacting someone may be on a legal basis or illegal basis but a Contract is only legal and can never be illegal.

3) Contact can be done by any person with anyone without any foundations to perform duty but in a Contract, a person needs to perform several duties.

4) There's no such thing like revoking a Contact but a Contract can be revoked by any of the parties to the Contract.

5) A third party can interfere in the contact whereas a third party cannot interfere in the terms of Contract.

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