What is the purpose of a legal contract?

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What is the purpose of a legal contract?

The purpose of a legal contract is to establish a legally binding agreement between two or more parties. It outlines the rights, obligations, and responsibilities of each party involved, providing a framework for resolving disputes and enforcing the terms of the agreement. A legal contract ensures that all parties involved are aware of their rights and obligations, and provides a means for seeking legal remedies in case of breach or non-compliance.