Research and find a contract or other agreement that involves an exchange of money. Write a summary of the company its purpose and a few of the basic terms of agreement. also write any questions or concerns that a person agreeing to the terms we have

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13-04-2022
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Research and find a contract or other agreement that involves an exchange of money. Write a summary of the company its purpose and a few of the basic terms of agreement. also write any questions or concerns that a person agreeing to the terms we have

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jayilych4real jayilych4real · Answer 1 · 2022-04-21T11:37:19+02:00

A summary of a typical contract that involves an exchange of money is:

The financial risk is borne by the financial institution and in part by the seller.
If there is any damage to the good after the exchange has been made, a refund cannot be made.

What is a Contract?

This refers to the legally binding agreement which a person makes with another person or entity about a given thing.

Hence, we can note that in a typical contract, there are clauses that are added by both parties in a bid to protect themselves and their interests and this can be seen by the damage clause stated above.

Read more about contractual agreements here:

https://brainly.com/question/25789642