Recipe for a Legal Contract [INFOGRAPHIC]

We're surrounded by legal 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 legal 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: 

 

Legal contracts are EVERYWHERE!  But how are they made? Here are the basic ingredients of a legal contract that everyone needs to know.