For example, if the contract includes illegal activities or a party lacks mental capacity, it is not legally binding.
Partnership Agreements: Two or more owners that wish to invest in a business together are urged to form an agreement that will protect them from future disputes.
Using an excessive amount of words can potentially cause problems in the way your statements are understood and interpreted.
You can develop a contract on your own, but it is almost impossible to know whether a contract could hold up in a dispute unless you get legal advice.