Contracts
Read this introduction to Chapter 6. Note that the text defines a contract as "a legally enforceable promise". This unit will discuss what it takes to make a promise legally enforceable, as well as what happens when such a promise is broken and what remedies are available to the damaged party.
Click https://saylordotorg.github.io/text_the-legal-and-ethical-environment-of-business/s09-00-contracts.html link to open resource.