Common types of business contracts

A contract is a type of commitment between two or more parties (individuals and/or legal entities) to do or not to do something within the framework of the law. Contracts are often associated with projects/cases, in which one party agrees with other parties to carry out a project/case or part of a project/case for themself. Contracts can be economic civil agreements (Economic contracts) or social ones.

A contract is a compromise between the wills, the agreement between the parties in the contract. In the course of implementation, business activities of organizations and individuals, it usually appears some of the following types of contracts:

1. Contract of property sale.

2. Contract of property exchange.

3. Contract of property donation.

4. Contract of property loan.

5. Contract of property lease.

6. Contract of property rental.

7. Contract of property borrowing.

8. Contract on land use right.

9. Contract of cooperation.

10. Contract of service.

11. Contract of moving.

12. Contract of passenger carriage.

13. Contract of property carriage.

14. Contract of processing.

15. Contracts for depositing and holding assets.

16. Authorized contract.

17. Counselling and service contract.

The parties in the contract with the spirit of goodwill, honesty, cooperation and mutual benefit. There must be no signs of coercion in the contract. The parties to the contract need to respect the terms and contents committed. All agreements must be within the current legal framework. Parties must comply with the principles of contract performance in accordance with the law in order to be protected by law.

With these above types of contracts, organizations and individuals can refer to and use them suitably for the purposes and business activities of their enterprises in the most optimal and effective way.