British, an agreement that information disclosed at a meeting may be used, but not the identity of the participants or the organisations to which they belong If a party fails to fulfil its obligations under the agreement, that party has breached the contract. Let`s say you asked a mason contractor to build a masonry deck outside of your restaurant. They pay in advance half of the price agreed to the contractor. The contractor finishes about a shift of the work and then stops. They keep promising that they will come back and finish the job, but they never do. By failing to keep its promise, the contractor breached the contract. a formal agreement to temporarily stop a business A contract of favorable law is an enforceable agreement between two or more parties. It can be oral or written. A legally binding agreement between two or more parties. Agreement with or with the support of a group, idea, plan, etc. General agreement that something may be true, reasonable or not changed An agreement in which two persons or groups each promise to do something legal A written legal agreement between two persons or companies that says what each must do for the other or give to the other A contract is a voluntary agreement between two or more parties, which is applicable by law….