Mansi Rana

Most people believe that a contract exists only when you sign some long legal document. That is not quite right, though. Even ordinary, casual actions, such as buying a cup of coffee, can be the beginning of a contract. So what exactly makes an agreement turn into a legally valid one? In this blog, we describe what constitutes the basic elements of a contract in straightforward, simple language and with relatable examples so that anyone can understand how contracts work in real life.

Considering investing in a franchise or expanding your business through franchising? Before even opening your store or installing your signboard, one paper governs all there is—the franchise agreement.

Understanding how agreements and contracts differ and where one should settle for an agreement instead of a contract can go a long way, especially when dealing with any contract & agreement in a business setting.