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A commercial agreement is a contract between two business entities, typically drafted with the help of a lawyer. These agreements often use standardized forms for transactions with suppliers and customers. Business-to-business transactions differ from business-to-consumer sales in terms of legal protections. The law assumes that businesses are aware of their legal obligations and will rely on the contract terms to resolve disputes. Negotiated terms in commercial agreements are crucial, as basic contract law will refer to the written terms when resolving issues.
