Editing Obligation (section)

=== Written ===
Written obligations are [[contract]]s. They legally bind two people into an agreement. Each person becomes responsible for doing their part of the contract. A legal contract, which does not need to be made in writing,<ref>Ramesh, A., [https://lawpath.com.au/blog/do-contracts-have-to-be-in-writing Do Contracts Have to Be In Writing?], published 20 June 2019, accessed 9 August 2023</ref> consists of an [[Offer and acceptance|offer]], an acceptance of that offer, an intention to bind to one another in a legal agreement and a [[consideration]], something of value to be exchanged.<ref>{{Cite web|url=https://www.smallbusiness.wa.gov.au/business-advice/legal-essentials/contracts-and-agreements|title=Contracts and agreements {{!}} Small Business|website=www.smallbusiness.wa.gov.au|language=en|access-date=27 November 2019}}</ref>