Question

Differentiate among the various legal documents used in business transactions.

Answer 1

Legal documents used in business transactions -

Invoices	Contracts	Non-disclosure agreement	Employee agreements	Account Statement
An invoice is a list of all goods and services purchased by a buyer and is a statement of the amount due to the seller.	A legal agreement binding two or more parties which acts as a commitment among the concerned parties.	A legal document between the buyer and the sellet that ensures that the buyer does not leak any confidential information for its own benefits.	A legal document between an employer and an employee that contains all information about the wages and salaries with terms and conditions.	It is a record of all the financial transactions that took place within a period of time.