1. What is meant by a contract?
Hiring someone of a service is what is meant by a contract.
2. What is a breach of a contract?
A breach of contract is when the person you hired screws up the service.
3. What is meant by aremedy?
A remedy is compensation for the breached contract so that the victim of the breached contract doesn't suffer any losses.
4. What is meant by compensation?
Compensation is a way of making up for the mistake caused by the person that messed up so that the person that hired him/her doesn't take any losses.
5. What is an agreement?
An agreement is when two or more parties comes to terms on how their contract will be written.
Hiring someone of a service is what is meant by a contract.
2. What is a breach of a contract?
A breach of contract is when the person you hired screws up the service.
3. What is meant by aremedy?
A remedy is compensation for the breached contract so that the victim of the breached contract doesn't suffer any losses.
4. What is meant by compensation?
Compensation is a way of making up for the mistake caused by the person that messed up so that the person that hired him/her doesn't take any losses.
5. What is an agreement?
An agreement is when two or more parties comes to terms on how their contract will be written.