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Topic: Business
Number of pages / Number of words: 4 / 1024
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Writing the contract's terms and signing it compels both parties to think about, and consent to, understanding the obligations they are undertaking. Written contracts aid in the creation of complete and thorough agreements and help to eliminate disputes over who promised what. If an issue is forced to court, written contracts are likely to hold up better than oral agreements, which could differ substantially than the initial terms of the agreement...


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If an issue is forced to court, written contracts are likely to hold up better than oral agreements, which could differ substantially than the initial terms of the agreement.

Minors and individuals deemed mentally incompetent may not enter into any binding contracts. In most states, the legal age to tender a contract is the age of majority, or 18...


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