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Home Q & A Board Humanities Legal Studies
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kiaraj3 kiaraj3
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6 years ago
What is the difference between an agreement and a contract?
 A) An agreement results whenever two people's minds meet on a subject, but a contract only exists when the parties intend to be legally obligated by the terms of the agreement.
 B) An agreement must be put in writing, whereas a contract may be made orally.
 C) An agreement is binding for a shorter period of time than a formal contract.
 D) An agreement may be made for an unlawful purpose, whereas a contract must be made for a lawful purpose.
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