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The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

Generally, to be legally valid, most contracts must contain two elements:All parties must agree about an offer made by one party and accepted by the other.Something of value must be exchanged for something else of value. This can include goods, cash, services, or a pledge to exchange these items.

Writing the Contract Include information about the exchange of consideration, and write clearly as to which party delivers and what the other agrees in exchange. Use short sentences and provide a numbered heading for each paragraph. This makes it easier to reference information.

Writing the Contract Include information about the exchange of consideration, and write clearly as to which party delivers and what the other agrees in exchange. Use short sentences and provide a numbered heading for each paragraph. This makes it easier to reference information.

Here's a look at the basic steps you'll need to take to create a simple and effective client contract:Include Contact Information of Both Parties.Specify Project Terms and Scope.Establish Payment Terms.Set the Schedule.Decide What Happens If a Contract Is Terminated.Determine Who Owns Final Copyrights.More items...

Service Contracts are agreements between a customer or client and a person or company who will be providing services. For example, a Service Contract might be used to define a work-agreement between a contractor and a homeowner. Or, a contract could be used between a business and a freelance web designer.

A service agreement is an agreement between you and your provider that makes it clear to what you have both agreed to.Your provider may have a standard service agreement that you may like to use, or you can create your own.