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.
Contracts and agreements. A business contract is a legally binding agreement between two or more people. Understanding business contracts. Verbal and written contracts. Essential elements of a contract. General terms and structure of an agreement. Standard form contracts and unfair terms. Before signing a contract.