Simple English definitions for legal terms
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A mutual contract is an agreement between two or more people that creates obligations that can be enforced by law. It can be a written document or just a verbal agreement. When people make a mutual contract, they promise to do something and if they don't do it, there will be consequences. It's like making a promise to your friend and keeping your word.
A mutual contract is a type of contract where both parties involved agree to fulfill certain obligations. It is also known as a bilateral contract. This type of contract is legally binding and enforceable.
These examples illustrate how a mutual contract works. Both parties agree to certain terms and obligations, and both parties are legally bound to fulfill those obligations. If one party fails to fulfill their obligations, the other party may have legal recourse to seek damages or other remedies.