"Every contract involves an agreement but every agreement
does not necessarily result in a contract" Explain.
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Answer / Monu Sharma
An agreement is a mutual understanding between two or more parties about their respective rights and obligations. A contract, however, is a legally enforceable agreement that includes the following elements: offer, acceptance, consideration, intent to create legal relations, and capacity to contract.nnNot every agreement meets all these criteria, which is why not every agreement results in a contract.
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