![]() ![]() ![]() And both sides also have certain obligations to fulfill towards each other. The seller, in return for the goods or services provided, expects monetary or other values to be paid to them.When a buyer and seller agree to work together as mentioned above, both sides will have an expectation to receive some value from the other party. The buyer wishes to buy certain goods or services from a seller. Project Management Tutorial By KnowledgeHut Contracts are legally binding agreements between at least 2 different legal entities named a buyer and a seller.
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