A contract is like a promise between people. It is an understanding, a deal between two or more people or organizations to do certain things. Each person or organization who agrees to do something in a contract is called a party. An agreement, or a contract, says what you and the other person have agreed to do. It is a written list of the promises you have made. The best form of contract is written on paper and signed by each party. Whilst we cannot over emphasize the absolute need to engage a lawyer to review your contracts, the following are some important things a party to a contract can also take notice of before signing a contract.

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