Question

what is a difference between agreement and contract​

Answer 1

Answer:

• An agreement exists where there is a mutual understanding regarding rights and responsibilities among parties to a business arrangement.

• A contract is an agreement between respective parties that creates legally binding obligations.

Explanation:

please mark me as a brainliest

Answer 2

Answer:

The terms “agreement” and “contract” are used interchangeably, but legally speaking, they are two different things. An agreement is simply an understanding or arrangement between two or more parties. A contract is a specific agreement with terms and conditions that are enforceable court.$\Large\mathtt{\fcolorbox{lime}{black}{\pink{xxitzcrazygirlxx1}}}$

Explanation:

hopes it helps you