Is it legal to disclose/leak the contents and terms of any contracts?

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Contracts are legally binding agreements between two or more entities. I see the terms including the figures involved in some contracts being leaked in the media.

Is it right for the terms and contents of contract to be made public knowledge? What are the penalties for leaking contract terms?
 
There are certain contracts that terms are disclosed. You have to know if the particular contract is that type before you disclose.
 
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