A written contract is a formal agreement between two or more parties that outlines the terms and conditions of a specific arrangement. It serves as a legal document that details the obligations, rights, and responsibilities of each party involved. Written contracts can cover various topics, such as employment, sales, leases, and services. Having a written contract helps prevent misunderstandings and disputes by providing clear evidence of what was agreed upon. In case of a disagreement, the contract can be used in legal proceedings to enforce the terms. It is essential for all parties to read and understand the contract before signing it.