A contract creates
(a) rights and obligations of the parties to it.
(b) obligations of the parties to it.
(c) mutual understanding between the parties to it.
(d) mutual lawful rights and obligations of the parties to it.
(a) rights and obligations of the parties to it.
(b) obligations of the parties to it.
(c) mutual understanding between the parties to it.
(d) mutual lawful rights and obligations of the parties to it.