Encyclopedia > Agreement

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The term agreement has a variety of meanings. It may be used to acknowledge the existence of a legally binding contract that can be enforceable in a court of law. It may also refer to an understanding between individual to follow a specific course of conduct such as an agreement to commit a crime i.e. a conspiracy. When people are in agreement their opinions are similar, thus, perhaps preventing them from exercising a neutral point of view because they are unaware of any conflicting views. See also the entry on consensus which discusses when a group of individuals attempt to act with a common understanding or in agreement.

See also Best alternative to a negotiated agreement, Gentlemen's agreement.

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