A contract is a very important tool when it comes to legal processes because it covers the details concerning obligations and limitations that a party is subjected to for a certain amount of time. The purpose of a contract is to provide assurance that the specifications listed in the contract will be carried out. It does this by listing the details of the applicable transaction as well as the actions that need to be acknowledged.
The following are reasons why a contract letter is important to the involved individuals or parties:
A contract must be extended under certain circumstances, such as:
Occasionally, a contract termination is issued to those involved to cancel the following:
The following are reasons for a contract termination:
A contract agreement letter is created between two individuals or groups for the purpose of establishing a successful contract. This contract can cover any transaction, such as:
It is important that both individuals or groups understand the specifications and rules that are laid out in the agreement letter so that there is no confusion later on in the contract period.
An additional agreement is signed upon the establishment of a contract agreement letter so that each individual or group has the following:
Upon receipt of an order, an individual or business must create an agreement later stating both his, her, or their acceptance of the order and agreement of the conditions laid out in the contract. The other individual or business must then provide assurance of his, her, or their commitment to providing the best service available.
When writing a contract agreement, individuals or parties should adhere to the following guidelines:
Although referring to oneself as "I" is proper and encouraged in professional letters and documents, individuals or parties should be careful when using "we" in reference to their company. By doing so, commitment is being made by the company and not just the individual or party.
Furthermore, the avoidance of passive voice by the individual or party is recommended. This allows for a clearer message and an agreement letter that should not be misunderstood. Aside from its unclear messages, the use of passive voice can also result in a boring and impersonal letter.
The following is an example of passive voice:
This statement leaves the reader wondering who it was that underestimated the net income.
The following is an example of active voice:
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