In a business context, a complete agreement is a legally binding contract between two or more parties. The contract sets out the terms and conditions under which the parties will do business together. A complete agreement is typically in writing and signed by all parties involved.
A complete agreement is different from an incomplete agreement, which is not legally binding. An incomplete agreement may be oral or written, but it lacks one or more essential elements of a contract, such as an offer, acceptance, consideration, or mutual assent. Incomplete agreements are not enforceable in court.
If you’re entering into a business relationship with another party, it’s important to have a complete agreement in place. This will help protect your interests and ensure that everyone understands their roles and responsibilities.