Economy, asked by aarthia593, 19 days ago

explain In detail the kinds of contract and the nature​

Answers

Answered by ideivendran85
0

Answer:

Meaning of Contract: – A contract means an agreement, which is enforceable by law. An agreement consists of reciprocal (mutual) promises between the two parties. In the case of contract each party is legally bound by the promise made by them.

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