Simple Contract

Business, Legal & Accounting Glossary

Definition: Simple Contract


Simple Contract


Full Definition of Simple Contract


A simple contract is any contract (see: contract) other than a Contract of Record (see: contract of record) or a contract by deed (see: contract by deed). A simple contract that is written and validated by signature is sometimes called a ‘contract under hand’. However, many contracts are formed without such signature, by established practise. For example, a contract is formed when a purchase is made from a shop, or a railway ticket purchased.


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, from PayrollHeaven.com website: https://payrollheaven.com/define/simple-contract/

Definition Sources


Definitions for Simple Contract are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th April, 2020 | 0 Views.