written agreements

Written agreements, often called contracts, are formal documents where two or more parties outline their responsibilities, rights, and obligations regarding a specific arrangement. These agreements serve as a record of the terms agreed upon, helping to prevent misunderstandings and providing a legal basis for enforcement if one party does not fulfill their commitments. Common examples include leases, employment contracts, and sales agreements. The clarity and detail within a written agreement are crucial, as they ensure all parties understand and agree to the terms before proceeding with their actions related to the agreement.