avtals
Avtals is a term used to refer to agreements or contracts between two or more parties that create legally binding obligations. In Nordic languages such as Swedish, Norwegian and Danish, avtal is the standard word for a contract, while avtals is the genitive form used in compound phrases such as avtalsvillkor (contract terms) or avtalsparter (contracting parties). The concept covers both formal written contracts and informal oral agreements, depending on the jurisdiction and the subject matter.
Formation and essential elements. A contract typically requires an offer by one party, acceptance by another,
Content and types. Core terms usually specify the subject matter, price or compensation, scope of work or
Breach, remedies and enforcement. When a party fails to perform, the contract may allow remedies such as