An agreement is a consensus between two parties on a thing, plan or agreement. The letter of agreement therefore refers to a situation in which both parties are on the same side to conclude a contract. These letters of agreement are very helpful. A contract letter can be written to show your agreement for a company, job or agreement. As this letter is a formal letter, it must be written in a formal style, the language and choice of words must be appropriate and this letter should undoubtedly be clear, as it has legal value. Such a letter is always addressed to the person, party or company with whom you are signing a contract. It also shows that the two sides discussed all the important points and a decision was made. As soon as all parties sign a letter of consent, it becomes a binding legal document. Organizations may wish to insert a sentence to the extent that the letter of offer is for informational purposes only and is not a binding contract. Scenario 2: A letter of offer was written after a candidate accepted an oral job offer. The letter confirmed a pleasant annual salary amount for the candidate who then signed this letter and returned it to the employer.
Six months after work, the employer felt that the worker was not well and decided to bind the employee. Employment was based on goodwill; Such a statement did not, however, exist in the letter of offer. In addition, the letter mentioned only the annual salary, which implied that employment was guaranteed for one year. As a result, the employer was unable to cancel it due to the implied length of employment, unless the employer decided to pay the remainder of the annual salary.