The contract will exist even when money and goods are not actually exchanged at the time of sale. For example, Jude sees a chair in a furniture shop. She orders one and asks for it to be covered in a fabric to match the sofa she has at home. The shop accepts her order and says the chair will be delivered in 6 weeks time. The shop and Jude agree that she will pay for the chair on delivery.
Most contracts have terms and conditions.
These are the rules of the contract. You need to know what these terms and conditions are before entering a contract because once you enter a contract you accept the terms and conditions. Express Terms Express terms are terms that are clearly stated and agreed when the contract is made. These terms are often called clauses. Express terms may be agreed verbally, written into the contract, or stated on a receipt or notice behind the counter.