two components of agreement

An agreement is writing down a promise made. Agreements are common in law and business. For example, when a person takes out a loan[1] or hires someone to work, an agreement is usually signed so that everyone understands what and when things must be done.

A handshake is often used to mean that there is an agreement.

References change

  1. "Business loan". Insolvency Practitioners Manchester. Archived from the original on 2021-04-20. Retrieved 2021-05-11.

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