Ethical implications in contracts

Contracts are written agreements between two or more people. They outline the expectations, duties and obligations of each party in the agreement. Ethical implications in contracts refer to the moral implications of the terms of the agreement. This means that if either of the parties don't follow the agreement, it could lead to serious consequences. For example, if someone agrees to pay another person for a service that was not provided, this could be considered unethical and the person who didn't provide the service could be liable for damages.