As any asset protection professional can attest.

As any asset protection professional can attest, contracts are an extensive part of protective services. As the services provided by means of contract firms continue to diversify into similar areas as risk assessment, time and attendance, scheduling and training, the use of contracts will increase to regulate the provision of these services.

Contracts are essentially agreements among pair or more parties to perform an act or not to perform an act and are legally enforceable.

There must be an agreement that is not a bare offer or invitation to negotiate. The propose must be accepted. Agreements can be either "express" - declarations of the intent of the parties and the expressions of the transaction - or "implied" - where the contact is demonstrated on the acts and conduct of the parties. Examples include promises made on supervisory personnel during employment interviews or passages from employee handbooks (a mention of the annual salary