What is the definition of a written contract in Arkansas?

In Arkansas, a written contract is a formal agreement between two or more parties that is documented in writing and signed by the parties involved. It outlines the terms and conditions of the agreement, including the rights and obligations of each party. For a contract to be enforceable, it must meet certain legal requirements, such as clarity, mutual consent, and consideration. Written contracts are often used to provide clear evidence of the terms agreed upon, helping to prevent disputes.