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a commercial agreement is a contract typically between two business entities it states its terms in plain language but includes warranties and boilerplate that have usually been reviewed by a business attorney in advance this type of agreement can ordinarily be one of the standardized forms that are used over and over again with suppliers and business customers in the ordinary course of operations business-to-business transactions have a different legal character than business to consumer sales there are fewer default legal protections built into business-to-business transactions that are designed to protect uninformed or uneducated parties on will allow such parties to escape from a properly executed deal the law assumes that the average business is aware of its legal obligations and will rely on the specific terms of the contract to resolve disputes the negotiated terms of a commercial agreement are particularly important basic contract law will look to the written terms of the agree