Contract Written Agreements

A written agreement, or contract, is a formal document that outlines the terms and conditions of an arrangement between two or more parties. It clearly states each party’s responsibilities, rights, and obligations, helping prevent misunderstandings. Once signed, it becomes a legally binding document, meaning if one party doesn’t follow through, the other can seek legal remedies. Written agreements are common in business deals, employment, leasing, and sales, providing clarity and protection for everyone involved by documenting what was agreed upon.