Contracts are the essence of people’s transactions. Every day we all enter into contracts with people even without noticing. Contracts could be written legal instruments or could be orally concluded. Even in the simplest situations, we enter into contracts, for example, when someone goes to fill up his/her car with gas at the gas station, that person enters into a contractual relationship with the gas station, and therefore both parties to the contract assume legal obligations and duties without saying a word.
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