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Can you explain the difference between indemnify and hold harmless in a contract agreement?

In a contract agreement, "indemnify" means to compensate for any losses or damages, while "hold harmless" means to not hold someone legally responsible for certain actions or outcomes.


Is it possible to challenge a severence package after you have signed and collected the benefits in Florida?

No. Once the severance agreement has been signed it becomes a legally binding contract.


What is an unwritten agreement that are legally enforceablecalled?

An unwritten, legally enforceable agreement is usually called a verbal contract.


what are Difference between a contract and an agreement?

a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances


What is another name for the contract of agreement?

A Legally Binding Agreement.


Is a legally-binding agreement between two or more parties.?

A contract is a legally binding agreement between two or more parties.


A is a legallybinding agreement between two or more partie?

A contract is a legally binding agreement between two or more parties.


When there is an agreement in principle is it legally binding?

Generally speaking, an agreement in principle precedes a contract. The contract is enforceable but the agreement is not.


What happens if a name is misspelled on a real estate sale agreement?

Happens all the time, but legally is could make the contract null and void. That depends if one party wishes to challenge it. The mistake will usually be picked up by the title company or conveying attorney before closure. Any challenge to it would probably have to be settled in a court of law and if the agreement could be proven to be legitimate in all other aspects then that challenge would likely be unsuccessful.


If you have a separation agreement are you still legally married?

Yes.


What statement is true of an executive agreement?

It is not legally binding


What do you meant by contract?

A contract is a legally binding agreement.