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What’s the Difference Between an MoU and an Agreement?

 What’s the Difference Between an MoU and an Agreement?”

#MoUIndia #AgreementVsMoU #ContractLawIndia #LegalDocumentsExplained #StartupLaw #BusinessAgreements #LexisAndCompany

A puzzled client asked:
"Is an MoU the same as an Agreement? Can I just use an MoU and skip the legal drama?" 😅📜

✅ Answer: Nope! They may look similar, but they’re NOT twins! 🧑‍🤝‍🧑⚖️

📌 Key Differences:

✅ MoU (Memorandum of Understanding)
➡ A non-binding document
➡ Shows intent to work together
➡ Great for initial understanding
➡ Not always enforceable in court

✅ Agreement
➡ A legally binding contract
➡ Includes offer, acceptance, consideration
➡ Fully enforceable in court
➡ Essential for real commitments

#MoUVsAgreement #BusinessContracts #LegalIntentions #DocumentDifference

🎯 When to Use What?

📎 Use MoU for discussions, partnerships in planning stage
📎 Use Agreements when money, roles, and deliverables are involved

⚠️ Pro Tip: “MoU is a handshake. Agreement is a locked deal!” 🤝🔒

#LegalDrafting #MoUExplained #ContractEssentials

💼 Need help drafting the right document for your business?
Let LEXIS AND COMPANY help you choose wisely and draft smartly! 📑💼

📞 Call: +91-9051112233
🌐 Website: https://www.lexcliq.com

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