Task 1.1: Explaination 5 EE of contract (5 essentials of 1 contract)
1) Definition of contract
The contract is a signed agreement between two or more competent parties to perform or abstain from performing something within the framework of the law. The contract is the user based on 2 categories, which are contracts that are generated based on text or be created based on the words and the presence of witnesses. Contracts are often associated with the project, in which the parties will sign project implementation together or partially implemented projects for a party. Contracts are also often covenant, trade in real life (buying and selling cars, home sales, land sales, etc), there are also lots of different types of contracts. For the contract, if one party breaches the contract or improper performance under the terms of the contract, one of the two parties can go firmly together and the 2 sides to court, the court, the losing party that party will bear the cost of compensation for contract. Contracts are not always effective, they can be disabled by the parties for various reasons, there are 2 types of cases for the contract if they are disabled:
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