Contract: Difference between revisions

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==Overview==
=General=
A contract is an agreement for performance based on consideration on a given timeline between specified parties. Requirements are:
 
#Identity of the parties
#Definition of consideration (value for each party)
#Terms - detailing duties and responibilities of each party
#Timeline
#Contingencies
#Signature and date
 
 
=Overview=
A contract that defines commitments between a community and its members.  
A contract that defines commitments between a community and its members.  



Revision as of 18:10, 6 March 2020

General

A contract is an agreement for performance based on consideration on a given timeline between specified parties. Requirements are:

  1. Identity of the parties
  2. Definition of consideration (value for each party)
  3. Terms - detailing duties and responibilities of each party
  4. Timeline
  5. Contingencies
  6. Signature and date


Overview

A contract that defines commitments between a community and its members.

Details

See Also