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Types of Contract Valid
There are two types of contract validity which business law students need to study and prepare assignment in-
- Limited validity contract – To stay valid for a specific time limit such contracts are designed, which means either the end date is mentioned by the system that automatically gets picked or it’s been written by the authorities during the work process is on.
- Open-ended validity contracts – This type of contract has both starts, and end date, however, is treated with the prospect of getting canceled after a particular time frame.
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