Assertion: contract's agreement | /r/HasProperty | contract
Facets:
value: in essence
type: OTHER
Source sentences:
text: Definition: The term contract is defined as an agreement between two or more parties which has a binding nature, in essence, the agreement with legal enforceability is said to be a contract.
text: To sum up, agreements are termed as a contract, if it comprises all the essential elements that constitute a contract.
text: The agreement between the two is called the “contract.
text: The insurance contract or agreement is a contract whereby the insurer promises to pay benefits to the insured or on their behalf to a third party if certain defined events occur.
text: It is up to the person who wants the agreement to be a contract to prove that the parties actually intended to enter into a legally binding contract.
text: In essence, any agreement that is enforceable in a court of law is a contract.
text: An agreement enforceable by Law is a contract.
text: Not all agreements between parties are contracts.
text: Some common types of contracts that must be in writing are prenuptial agreements, contracts for the sale or transfer of land, and contracts that can't be completed within one year.