A ________ is an agreement between two parties to perform certain activities for some consideration.

Question

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A contract is an agreement between two parties where both parties agree to perform certain activities for some consideration. It can be written or verbal and can be enforceable by law. Limited partnership and corporation are types of business structures, and warranty is a term used for guaranteeing the quality or performance of a product.

A ________ Is an Agreement Between Two Parties to Perform