A ruler is one of the most common measuring instruments. It comes in many sizes and shapes, depending on what it is needed for. The yardstick is a long ruler (3 feet long), and a measuring tape is yet another type of ruler, made of...
To be a binding contract, there must also be an offer and acceptance that involves the exchange of promises to act and/or provide goods, services or money. The act, promises, goods, services and/or money are called âconsideration.â In order to have a binding, enforceable contract, there must be consideration.
service agreement. A contract entered into for a contractor to provide some form of useful task for their employers in return for compensation. A service agreement can also be a feature offered along with a warranty for a product for the manufacturer to provide service or coverage of any costs of service in case the product malfunctions during a given period.