A voluntary agreement between two or more private persons that governs future conduct is called

Question

Quizplus · Accepted Answer

A contract is a legally binding agreement between two or more parties that outlines their obligations and responsibilities. It is a voluntary agreement that governs future conduct. Policies are guidelines or rules set by an organization or government, while a market is a system of economic exchange. An exchange refers to the act of giving one thing in return for another. Therefore, C is the best choice.

A Voluntary Agreement Between Two or More Private Persons That