bawl definition: To bawl is defined as to cry or wail loudly. (verb) An example of bawl is to sob loudly upon hearing bad news. ...
Legality: A contract is a legal document and a PO is a commercial document. To elaborate, a PO is an offer from the buyer to the supplier. If accepted by the supplier (within a reasonable timeframe) the PO becomes a contract. Logically, this PO will have zero value if it's not accepted by the supplier.
December 13, 2010. 1  A purchase contract, also referred to as a contract to purchase or a purchase agreement, is a legal contract formalizing one party's offer to purchase another party's goods. 2  Determine whether the contract can be cancelled. 3  Prepare a formal cancellation letter.  Explain the reason for the cancellation in the body of the letter.