So from the readings im sure you realize that all contracts


So, from the readings I'm sure you realize that all contracts are agreements and yet all agreements are not contracts. Try and distinguish these principles in your own words and give a couple of examples to demonstrate your understanding. Is there an area or example where we could argue whether there really is just a mere agreement or an actual "contract"? This is in many ways the heart of contracts; "The mutual agreement". Have fun with it. I'm sure you can find at least one hypothetical that's a "close call".

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Operation Management: So from the readings im sure you realize that all contracts
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