A Contract (from the Latin Contractus) is an agreement usually on paper or at least established in writing in which the parties involved must assume the responsibility of complying with each of the conditions set out there. Contracts are made between people who want to found companies, companies, organizations or institutions in which a certain responsibility is awarded to each one, thus setting in motion the steps and functions established in said contract. The contracts can be of various types: Work contracts, purchase - sale contracts, lease contracts, inclusive, theMarriage can be considered a legal contract between two people, since it establishes the conditions under which the man and the woman must live together.
An employment contract indicates to each of the parties (employee and employer) what their functions are within the company where they will perform the work assigned to them. The employee is left in writing in this document, which are the functions that he must perform, which are the tools that he must use, the schedule in which he must work and the conditions under which he will execute the action. The contract for its part must also specify what are the benefits that the employer must comply with the worker, emphasizing the salary they will receive, the social security benefits they will have, the rights that the worker has within the company and the conditions under which the employee feels safe and respected. There are laws in many countries that regulate the statutes under which employment contracts are entered into, in order to grant each party a fair remuneration and service rendered.
The agreements in the form of a contract are generally signed with a signature of all those involved, in some cases, they have stamps in which memberships and acceptance codes by higher entities are evidenced. All this in order to establish legality and imply that the interested parties agree with everything stipulated in the contract.
