Definition: An agreement between two or more competent parties to do, or not do, a specified legal act for a legal consideration.
Pronunciation: \ˈkän-ˌtrakt\
Used in a Sentence: Both the buyer and seller have signed the contract for sale.
Definition: An agreement between two or more competent parties to do, or not do, a specified legal act for a legal consideration.
Pronunciation: \ˈkän-ˌtrakt\
Used in a Sentence: Both the buyer and seller have signed the contract for sale.