Though all contract are agreements, not all agreements are contracts. Some agreements never amount to legal contracts for a range of reasons. The subject of these agreements may be of a moral, as opposed to a legal obligation, or the parties may agree expressly not to treat their agreement as a legal obligation – that is, they do not intend to have a contract. An essential attribute to an enforceable contractual agreement is therefore that of the “Intention to Contract”.
Though all contract are agreements, not all agreements are contracts. Some agreements never amount to legal contracts for a range of reasons. The subject of these agreements may be of a moral, as opposed to a legal obligation, or the parties may agree expressly not to treat their agreement as a legal obligation – that is, they do not intend to have a contract. An essential attribute to an enforceable contractual agreement is therefore that of the “Intention to Contract”.
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