Law of Contract

October 24, 2006 4:31am CST
All contracts are agreements but not all agreements.Discuss
1 response
@Meg2006 (102)
• Kenya
24 Oct 06
Contracts are made wth intentions of creating legal relations while agreements are not necessary legal. Agreements can be social or made with minors but contracts have to consider the capacity of the other parties. With contracts, there must be consideration while in agreements, it can be mere words.