Legal Definitions - dependent contract

A dependent contract is a type of contract that creates obligations between two or more parties that are enforceable by law. It is a legally binding agreement that outlines the terms and conditions of the agreement.

For example, a dependent contract could be a contract between an employer and an employee. The employer agrees to pay the employee a certain amount of money in exchange for the employee's work. If the employee does not fulfill their obligations, the employer can take legal action to enforce the contract.

Another example of a dependent contract could be a contract between a landlord and a tenant. The landlord agrees to provide the tenant with a place to live in exchange for rent payments. If the tenant fails to pay rent, the landlord can take legal action to enforce the contract.

These examples illustrate how dependent contracts create legally binding obligations between parties. If one party fails to fulfill their obligations, the other party can take legal action to enforce the contract.