Answer / rakesh hp

"EVERY CONTRACT INVOLVES AN AGREEMENT BUT EVERY AGREEMENT
DOES NOT NECESSARILY RESULT IN A CONTRACT"

A contract is an agreement that is enforceable by law. But
an agreement is mutual understanding between two or more
persons which may or may not be enforced by law. The
agreement which is not enforced by law is void.


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Answer / uday

contract = agreement+enforceability by law
agreement= offer + acceptance

agreement is not enforceable by law, where as contract is
enforceable.

agreement is part of contract, but contract is not a part of
agreement.

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