Contract Basics for Paralegals
The Paralegal Resource
OCTOBER 29, 2012
The ability to draft various types of agreements and contracts is a necessary skill for paralegals working in many areas of law. Contracts are legally binding agreements between two or more persons or legal entities in which services or goods are provided in exchange for some type of consideration, be it money, goods or services. Contracts outline what is supposed to happen as a result of the contract and set out the consequences if one party does not fulfill its obligations.
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