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In linguistics, agreement or concord (abbreviated agr) occurs when a word changes form depending on the other words to which it relates. [1] It is an instance of inflection, and usually involves making the value of some grammatical category (such as gender or person) "agree" between varied words or parts of the sentence.
It is effectively an agreement of words with the sense, instead of the morphosyntactic form, a type of form-meaning mismatch. [1] Examples: One hundred dollars is the cost of rent. If the band are popular, they will play next month. Here, the plural pronoun they and the plural verb form are co-refer with the singular noun band.
In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).
A formal contract is a contract where the parties have signed under seal, while an informal contract [1] is one not under seal. A seal can be any impression made upon the document by the parties to the contract. This was traditionally done in wax stating the intentions of the parties to be bound by the contract.
In British English (BrE), collective nouns can take either singular (formal agreement) or plural (notional agreement) verb forms, according to whether the emphasis is on the body as a whole or on the individual members respectively; compare a committee was appointed with the committee were unable to agree.
A Letter of Understanding (LOU) is a formal text that sums up the terms of an undertakings of a contract which may have been negotiated up to this point only in spoken form or otherwise informally. It reviews the terms of an agreement for a service, a project or a deal and is often written as a step before a more detailed contract is issued. [1]
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent [1] to transfer of goods, services, money, or promise to transfer any of those at a future date.
The Egyptian–Hittite peace treaty, on display at the Istanbul Archaeology Museum, is believed to be the earliest example of any written international agreement of any kind. A treaty is a formal, legally binding written agreement concluded by sovereign states in international law.
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