A wider agreement is a broad consensus or a general understanding shared by a large group of people or entities on a particular topic or plan, rather than a single, formal contract. It emphasizes a shared viewpoint or harmony, where multiple parties hold similar opinions or intentions, although it may not be a legally binding contract unless specific elements like offer, acceptance, and consideration are present.
Key characteristics of a wider agreement:
- General Consensus: The defining feature is a widespread agreement or concurrence among a large population or several organizations.
- Shared Opinion: It indicates a general harmony or sharing of the same opinion or view on a particular matter.
- Broader Scope: The concept of “agreement” itself can be wider than “contract,” encompassing various forms of mutual understanding and not always involving formal, legally enforceable terms.
- No Formal Contract Required: While a formal contract is a type of agreement, a wider agreement does not need to be a formal contract. It could be a shared understanding or a mutual plan.
Examples:
- In politics: A broad agreement among different political parties on a national policy goal.
- In business: An entire industry reaching a consensus on new environmental standards.
- In common usage: A community that is in broad agreement on how to improve a local park.
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Quora6 answers · 6 years agoWhich is wider, a term contract or an agreement?
Which is wider, a term contract or an agreement?
“Agreement” is wider term. A contract is always an agreement, but not all agreements …More
Top answer · 6 votes
every contract is an agreement but not every agreement is a contract. contracts have very …More
1 vote
An agreement is a much wider term. A contract is one form of agreement, that refers to an agreement …More
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COMPANY-WIDE AGREEMENT means the Agreement, dated effective October 25, 2000, together with the “Supplemental Agreement” relating to a Designated Location.
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