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A legally enforceable agreement under which two parties agree to do something for each other is called:

A) Contract
B) Promise
C) Agreement
D) Commitment

1 Answer

1 vote

Final answer:

A contract is a legally enforceable agreement under which two parties agree to do something for each other.

Step-by-step explanation:

The correct answer is A) Contract. A legally enforceable agreement under which two parties agree to do something for each other is called a contract. Contracts can be written or oral, and they involve obligations and rights for each party involved. For example, when you sign a contract to purchase a product or hire a service, you are entering into a legally binding agreement with the other party. The terms of the contract define what each party should do and what they are entitled to.

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