Draft contract
30 November 2008
A draft contractis a form of a business contract most widely used for the business purposes, it may be used in advertising, in leasing a place or infrastructure, purchasing stocks e.t.c. a draft contract can be challenged in the court of law in case of any mishap and if any of the parties is found guilty they are liable for the loss of the other party and has to compensate the other party. For this purpose to be on the safe side the draft contract must be signed by both parties in case if anyone of the party cheats the other party.