MoU vs Agreement – What’s the Real Legal Difference?” 🤷♂️⚖️📄
🗨️ Client Question:
"We signed an MoU with a vendor. Is it legally binding like an agreement?"
😂 Answer:
That’s like comparing a crush (MoU) with a marriage (Agreement)! 💔💍
An MoU (Memorandum of Understanding) is usually a non-binding document showing mutual intent, while an Agreement is a legally enforceable contract under the Indian Contract Act, 1872.
✅ Key Differences:
- MoU = Intent only
- Agreement = Legal rights & duties
- MoUs may or may not be used in court
- Agreements = Full legal protection!
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⚠️ When to Use What:
📌 MoU – For early-stage talks or partnerships
📌 Agreement – For finalised terms, money, deliverables & legal obligations
💡 Why This Matters:
✔ Avoid legal confusion
✔ Know what you’re signing
✔ Prevent future disputes
✔ Build strong legal foundations
🤣 Pro Tip:
Don’t treat a handshake letter like a court shield! 🫱🤝🛡️
📢 Need help drafting the right legal document?
👉 LEXIS AND COMPANY is here to guide you—MoU, Agreements, Contracts & more!
📞 Call: +91-9051112233
🌐 Website: https://www.lexcliq.com
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