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A gentlemen's agreement, or gentleman's agreement, is an informal and legally non-binding agreement between two or more parties. It is typically oral , but it may be written or simply understood as part of an unspoken agreement by convention or through mutually beneficial etiquette .
The Gentlemen's agreement of Andhra Pradesh was signed between Telangana and Andhra leaders before the formation of the state of Andhra Pradesh of India on 20 February 1956. The agreement provided safeguards with the purpose of preventing discrimination against Telangana by the government of Andhra Pradesh.
Historically, owner collusion was often referred to as a "gentleman's agreement". [2] After the 1918 season, owners released all their players – terminating the non-guaranteed contracts, with a "gentleman's agreement" not to sign each other's players, as a means of forcing down player salaries.
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A gentleman's agreement is an informal agreement. It may also refer to: Gentlemen's Agreement of 1907 between the United States and Japan; Gentlemen's Agreement of 1956 between leaders of the Andhra State and the Telangana region, leading to the formation of the state of Andhra Pradesh in India; Gentleman's Agreement
A contract is a legally binding agreement made between parties involved in a transaction for the exchange of goods or services. The agreement often comes in the form of a written instrument that provides the terms or conditions of the arrangement, each of which correspond to an obligation that one of the parties entering the agreement is obliged to fulfill.