Contracts: My experience
Introduction In my personal experience, contracts are everywhere. From the millions of dollars made by professional athletes to the “accept” button on an iTunes update, there are no shortage of examples. A contract for me has always centred around sports. An athletes worth is gauged by his or her contract. A point of pride for these professional athletes is how much money they are able to get from their employer. I was always enamoured with the money made over a specific number of years. What I overlooked was the intricacies of the contract. Considerations dictate an athletes behaviour. They can dictate a players weight, what they are allowed to do away from the team and even circumstances where a contract may become void. Contracts shape and alter many lives. This is why understanding contracts is so important. How would describe/explain the concept of a contract to someone In describing a contract to someone, I would say it is a promise or promises that are legally-b...