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Q&A: What is the difference between agreement and contract? (in the context of business agreements & contracts)?

Q&A: What is the difference between agreement and contract? (in the context of business agreements & contracts)?

Published March 10, 2011

Question by Babar Khan: What is the difference between agreement and contract? (in the context of business agreements & contracts)?

Best answer:

Answer by top j
thses two are terms of law.

Agreement means merely agree to pay or to provide service to particular party with any proof or evidence.

while Contract is between two parties the actually leglise the documents and there is a transaction of products or services.

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Posted in Music Contract Information | Tagged Agreement, Agreements, between, business, context, Contract, Contracts, difference