Question

A Contract creates a

• A. Legal Obligation
• B. Social Obligation
• C. Political Obligation
• D. Ethical Obligation

Hint:

Legal obligations under a contract ensure enforceability in court. Always document contracts to avoid disputes.

Answer 1

The Correct Option is A

A contract creates a legal obligation between the parties involved. It binds both parties to fulfill the terms of the agreement, and legal consequences can follow if the contract is breached.