Define Agreement in German

When conducting business in Germany, it is important to have a clear understanding of legal terms, including the term «agreement.» In German, the term for agreement is «Vereinbarung.»

A Vereinbarung is a legally binding agreement reached between two or more parties. It can take many forms, such as a verbal agreement, a written contract, or a formal treaty. In Germany, the rules governing Vereinbarungen are laid out in the Bürgerliches Gesetzbuch (BGB), or Civil Code.

When negotiating a Vereinbarung, it is important to pay close attention to the details of the agreement. This includes the duration of the agreement, the rights and obligations of each party, the consequences of a breach of the agreement, and any potential disputes that may arise.

To ensure that the Vereinbarung is legally binding, it is recommended to have it drafted by a German attorney or legal expert. Additionally, it is important to ensure that all parties involved have a clear understanding of the terms of the agreement before signing.

In summary, a Vereinbarung is a legally binding agreement reached between two or more parties in Germany. It is important to pay close attention to the details of the agreement and to have it drafted by a legal expert to ensure its validity. By following these steps, businesses can conduct their affairs in Germany with confidence and clarity.

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