Oh, today I will explain how to make a contract. Making a contract is an important task and it should be done only after thinking about the relationship that you want to build with the other party. Don't fall into the trap of thinking that you don't need a contract, even if you make business with a family member. In fact, I would say it is particularly important to make a contract when doing business with a family member. So, let's learn how to draft one. Let's see how to draft a contract in three easy steps. The first step is the introduction. The first part of the contract. Most contracts follow the same basic format. They begin with an introduction which identifies the agreement through a title. For example, a sale agreement. The introduction should include the date, names, and addresses of the parties. It should also state the object of the contract, and provide details of the goods or services being sold. Additionally, it should mention the price and the duration of the contract. Let's start with the first point - the date, names, and addresses of the parties. It is important to identify the parties involved. Let's take a practical example: a sale of goods agreement. In this case, at the very beginning of the contract, I have written the date, October 18th, 2016. The day when the contract is made. Then, I have mentioned the names of the parties - the seller and the buyer. For each party, I have provided their full name, address, and optionally, their passport number or ID number. If one of the contracting parties is a company, you should provide all the details necessary to identify the company. This is the first part of the contract. Next, you need to mention the object of...
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