Business Studies, asked by iqraparween01, 2 days ago

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Answered by anaiyaafsheen
1

Explanation:

Contract, in the simplest definition, a promise enforceable by law. ... The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting. If one of the parties fails to keep the promise, the other is entitled to legal redress

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Answered by ManaswiGhanghoriya
1

Answer:

Contract, in the simplest definition, a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting.

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