oboloo

oboloo Glossary

Legal Contract Format

oboloo Glossary

Legal Contract Format

A legal contract format is a document that outlines the terms, conditions and obligations of a legally binding agreement between two or more parties. It contains all the necessary information about the parties involved, their roles and responsibilities, the consideration (payment) exchanged for the work done and the way to resolve any disputes that may arise from the agreement. While contracts are written in a legal language, they should be in an engaging tone and style so that everyone involved understands what has been agreed upon and commits to meeting their obligations.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971