Question: All contracts are agreements, but not all agreements are contracts? OR Do you discuss the rule of entering into a valid contract when a contract becomes complete? “All contracts are agreements, but not all agreements are contracts.” This statement can be understood in the Venn diagram above. Agreements applicable under the laws of the country become contracts designated by the inner circle. The outer circle refers to agreements that are not contracts. The shaded portion includes agreements that are not enforceable by law and are referred to as unenforced agreements. Such an agreement results in a special contract that has a contract under seal. All contracts are agreements until they are avoided, for example.B. avoidable contracts for which one of the parties may, at his request, resign from them. . . .