Differences Between Contract and Agreement
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There are extensive differences between a contract and an agreement. These are as follows:
| S.N. | Contract | S.N. | Agreement |
| 1. | All Contracts are agreements. | 1. | All agreements are not contracts. |
| 2. | The contract holds legal contents and consideration. | 2. | All agreements can’t create mutual obligations to parties. |
| 3. | The contract is classified into general and specific. | 3. | All agreements do not create a legal obligation. |
| 4. | The contract has legal validity and is followed accordingly. | 4. | There is no need to have legal content and consideration to be government. |
| 5. | The scope of the agreement is broad and vast. | 5. | All agreements have no legal status and there is no law to perform it. |
| 6. | The scope of the contract is narrow. | 6. | There is no need to classify the agreement since it has a broader scope. |
| 7. | The contract creates a mutual obligation between parties. | 7. | In all agreements, there is no legal remedy for the victim in the court. |
| 8. | The victim of the contract finds a legal remedy in the court. | 8. | There’s no legal obligation to perform liability. |
| 9. | The victim of the contract finds legal remedy in the court. | 9. | The contracting party is obliged to perform liability. |
| 10. | It has certain and fixed measures. | 10. | It does not have fixed measures. |
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Differences Between Contract and Agreement
Contract
1. All Contracts are agreements.
2. The contract holds legal contents and consideration.
3. The contract is classified into general and specific.
Agreement
1. All agreements are not contracts.
2. All agreements can’t create mutual obligations to parties.
3. All agreements do not create a legal obligation.
