What is the Difference Between MOU and Agreement in India?" 🖋️🤝⚖️ Client question of the day: 👉 "I’m confused! Should I sign an MOU or an Agreement for my business deal? What’s the real difference?" #MOUIndia #AgreementVsMOU #BusinessLawIndia #StartupIndia #LegalContracts 📢 Short Answer: MOU = Friendly Chat ☕, Agreement = Serious Business Deal 📜! In India, a Memorandum of Understanding (MOU) is usually a non-binding document that shows intention to collaborate, while an Agreement is legally binding and enforceable in a court of law! 🏛️🔥 #ContractLawIndia #BusinessDealsIndia #MOUvsAgreement #LegalDocumentsIndia 📚 Legal Explanation: ✅ MOU = Expresses willingness to work together, but parties aren’t strictly obligated. ✅ Agreement = Contains clear rights, duties, and obligations that can be enforced legally. ✅ Signing an MOU? Great for initial trust and discussions. 🤝 ✅ Signing an Agreement? Now you mean serious business ! 💼 #LegalAwareness #...
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