Company contracts are legally binding documents that outline the rights and obligations of two or more involved parties. They can be used in various business settings, including purchasing agreements, partnerships, promotions, and leases. Business contracts help to protect both sides by establishing clear parameters for the arrangement, such as expectations, due dates, and payment methods. By creating a detailed and comprehensive contract before entering into any agreement, companies can ensure their interests are protected and have access to a clear resolution should any disagreements occur. Put simply – company contracts provide peace of mind for everyone involved.