MoU vs Agreement – What’s the Real Legal Difference?” π€·♂️⚖️π π¨️ Client Question: "We signed an MoU with a vendor. Is it legally binding like an agreement?" π Answer: That’s like comparing a crush (MoU) with a marriage (Agreement)! ππ 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! #MoUvsAgreement #LegalDifference #IndianContractLaw #BusinessContracts #LegalAwareness #StartupLaw #MoUIndia #BusinessAgreements ⚠️ When to Use What: π MoU – For early-stage talks or partnerships π Agreement – For finalised terms, money, deliverables & legal obligations π‘ Why This Matters: ✔ Avoid legal confusion ✔ Know what you’re signing ✔ Prevent future disputes ✔ Build str...
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