Back to Basics: Contracts, Making Your Own Laws [INFOGRAPHIC]

We're surrounded by contracts all the time.  We take them for granted and forget how incredibly powerful they can be.  They are used to structure our relationships and essentially create laws between each other.  You can contract almost anything and the law will work to protect what has been agreed on.

Given how powerful a contract is in our daily lives and under the law, it's important to know how you can make a valid one.  Below we go back to the basics and break down a contract to its core ingredients: 


Contracts are incredibly powerful tools used to structure relationships and to make laws between each other.  Here are the basic ingredients of a contract that everyone should know.