5 ms·
Not exactly, a contract must bind both parties to do something. You cant have a contract which states "you give me money and you dont say anything about it." It
by chacham15 14y ago
Not exactly, a contract must bind both parties to do something. You cant have a contract which states "you give me money and you dont say anything about it." It must also bond the other side: "and in return I will not sue you for piracy committed on the date of..."
- dalore 14y agoA contract is a list of demands (amongst other things). It can't be enforced until you agree to the contract. Until then it's just a demand.
- Dylan16807 14y agoYou missed chacham's point. You are right that both parties have to agree to make a contract. But on top of that it's not a contract unless both sides get something out of the deal. If you sign a piece of paper to exchange $10 for nothing, it's not a contract.