What Are the Different Types of Contracts Used in Indian Business Deals? 🤝📜 When entering into a business agreement , understanding the type of contract you’re dealing with is crucial . Clients often ask: “What types of contracts should I know about before signing in India?” The answer is – there’s a wide variety of contracts, each designed for a different business scenario! Let’s dive into the key ones. 📑✨ ✅ Types of Contracts in India ✔️ Contract of Sale – This involves the sale of goods or property, ensuring the terms of sale are legally binding 🏠 ✔️ Service Contracts – These contracts outline the terms under which services are provided, including timelines and payments ⚙️ ✔️ Employment Contracts – An agreement between employer and employee to define job responsibilities, compensation, and terms of employment 🧑💼 ✔️ Lease Agreements – Used for renting property or assets, defining the terms of the rental arrangement 🏢 ✔️ Franchise Agreements – A contract between a ...