Search common contracting language and take a deeper dive to discover what each means
A contractual agreement is also simply known as “contract.” A contractual agreement is a legally-binding agreement entered into by two or more parties.
The phrases 'Contract' and 'Contractual Agreement' are often used interchangeably, along with 'Agreement'.
It's important to note that 'Agreement' has a legal significance that differs from 'Contractual Agreement'.
Rather than being legally-enforceable, agreements lack formalities required to be a contract.
If any issues arise, they are not contestable in court.
An agreement is usually shown from a signature, which can be electronic or wet.
All agreements can be stored centrally and securely in Gatekeeper.