Clay Halton was a Business Editor at Investopedia and ... must be written to be considered legally binding. For example, a contract involving the conveyance of real estate must be written to ...

Business owners can use commodity futures contracts to fix the selling prices of their products weeks, months, or years in advance. For example, let's say a farmer expects to produce 1,000,000 ...

Smart contracts help automate business processes ... minimizing errors and saving time. For example, you can use smart contracts to automate supply chain processes or contract agreements between ...