Prompt Details
Prompt Output Example:
“A contract is fundamentally an agreement between two or more parties which creates legal obligations and is enforceable by law. The main purpose of a contract is to establish the terms of an agreement, specify what is expected from each party, and provide a recourse if one party fails to fulfill their obligations. For a contract to be legally enforceable, it must include the following elements: offer and acceptance (agreement), intention to create legal relations, consideration (something of value exchanged), capacity to contract (parties must be of legal age and sound mind), and legality of purpose. A contract may also need to be in writing, depending on the nature of the agreement or the jurisdiction.”
Reviews
There are no reviews yet.