What’s the Difference Between an MOU and an Agreement?" π€ #MOUvsAgreement #BusinessDealsIndia #LegalDocumentsExplained #MOULawIndia #PartnershipContracts #DealMaking101 #AgreementMatters πππ€ Client: "We signed an MOU with another company… so we're legally bound now, right?" Us: "Mmm… not always. Depends. Let’s lawyer this up." ⚖️π π MOU vs Agreement – Know the Legal Power Level! πΉ MOU (Memorandum of Understanding) = A gentleman’s handshake in writing π€ πΉ Agreement = A legal swordfight ready to be enforced π‘️⚖️ MOU is used to express intentions , not obligations. Agreements are full-on legally binding, with enforceable terms and clauses. #UnderstandingMOUs #BusinessIntentions #LegalEnforceabilityIndia #MOUConfusionCleared π When to Use an MOU: ✅ Early-stage partnerships ✅ Exploring synergies ✅ Collaboration talks ✅ International deals pending formalisation π When You Need an Agreement (ASAP): ✅ Sharing money, resources ...
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