


What is a contract ? A contract is a agreement between two or more people enforced by law



This is Madie, Madie loves to walk her dog. One day while running with her dog polo in the back yard she hit the fence and it broke. So she decided to call a contractor and get it fixed.



Hi Madie, im the contractor.
Hi Sir. I have broken my gate and was wondering if you could fix it.
I sure can. but only if you sign a contract of agreement.
Agreeing to what ?



If i fix your fence you will have to pay me $12 dollars for every hour i work.
Its a agreement then. Just tell me when your done.
Hahaha, You have to sign a contract of acceptance before their to be a contract. Its called a Unilateral contract.
Whats an unilateral contract?



A unilateral contract a contract created by an offer than can only be accepted by performance.
I have accepted your terms to creating a contract. Where do i sign ?




Just check yes and sign your name to notify that you have read and agreed on the terms i have given.

I have signed, checked and agreed on our terms for this contract.
Very good, Now i will get to work.






Bill starts working on Madies fence. he had been working for 4 hours. Bill is now done and is about to call madie out for his check.
Ms.Madie, I have finished your fence, would you like to take a look ?


The fence looks real nice. You said $12 dollars a hour and you have been working for 4 hours. So how much is the cost ?
That will be $48 dollars m'am.


Madie pulls out $60 dollars and hands it to bill.

I am giving you $60 dollars for doing such a good job and helping me understand contracts a little better. Thank you Mr.Bill, have a good day.



Nice doing business with you Ms.Madie. Goodbye. And be careful with your dog near the fence.
Madie and Polo Played for long hours after Mr.Bill left. Though she never played by the fence again.
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What is a contract ? A contract is a agreement between two or more people enforced by law



This is Madie, Madie loves to walk her dog. One day while running with her dog polo in the back yard she hit the fence and it broke. So she decided to call a contractor and get it fixed.



Hi Madie, im the contractor.
Hi Sir. I have broken my gate and was wondering if you could fix it.
I sure can. but only if you sign a contract of agreement.
Agreeing to what ?



If i fix your fence you will have to pay me $12 dollars for every hour i work.
Its a agreement then. Just tell me when your done.
Hahaha, You have to sign a contract of acceptance before their to be a contract. Its called a Unilateral contract.
Whats an unilateral contract?
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