Business College

A contract is valid as soon as it is created and sent to another person or business.

A.
True

B.
False

Answers

Answer 1

The statement is False. A contract is valid as soon as it is created and sent to another person or business.

A settlement is a legally binding settlement between two or extra events. Once signed, this contractual settlement creates a promise that positive rights and duties will be fulfilled through each celebration. In essence, a promise is at the heart of every contract.

Properly-drafted contracts offer you and your enterprise many blessings together with clarity in enterprise relationships, agreements, and rights of parties. Averting capability contract disputes and litigation. Stopping misinterpretation of communications and agreements.

A hit contract is described as an agreement that: provides the quality possible offerings at the most affordable cost. Offers a method to control the scope of offerings. Manages your commercial enterprise's operational and economic dangers.

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