MHM Africa Legal Consultants  

A contract is a written document that governs the relationship between contracting parties (it can be verbal too). It sets out the terms and conditions in terms of which the contracting parties are willing to accept. It's important to have a written contract in place as it provides certainty on your terms of service or provision of goods, it limits your liability should something go wrong, it protects your business from a legal and commercial risk perspective.