/kɒntrækt lɔː/ – Phrase
Definition: luật hợp đồng.
A more thorough explanation: Contract law is a branch of law that deals with agreements between parties that create legally enforceable obligations. It governs the formation, interpretation, performance, and termination of contracts, which are legally binding agreements between two or more parties that outline their rights and obligations.
Example: In contract law, the offeror must clearly communicate the terms of the offer to the offeree for it to be considered valid.