Define: Engagement

Engagement
Engagement
Quick Summary of Engagement

Engagement can refer to a commitment or agreement between two parties, such as a contractual promise or the period before a couple gets married. This period is also known as betrothal or betrothment. An engagement letter is a document that outlines the responsibilities and duties of both a professional and their client.

Full Definition Of Engagement

Engagement can refer to a contractual agreement between two parties, where they make mutual promises. It can also refer to the period between a couple agreeing to marry and their actual wedding. For example, signing a contract with a client to provide services for a specific period of time is an engagement. Similarly, when a couple agrees to get married and sets a wedding date, they are in the engagement period. These examples demonstrate how engagement involves mutual promises and agreements between two parties. In the first example, the professional and the client agree to work together for a specific period of time. In the second example, the couple agrees to get married and sets a date for the wedding. Other related terms include betrothal/betrothment, which is another term for the engagement period when a couple agrees to get married, engagement fee, which is a fee paid by a client to secure the services of a professional, and engagement letter, which is a document that outlines the scope of services and responsibilities of both the professional and the client.

Engagement FAQ'S

An engagement agreement is a legal contract between a client and a professional service provider, such as a lawyer or accountant, that outlines the terms and conditions of their working relationship.

An engagement agreement should include the scope of services to be provided, the fees and payment terms, the duration of the engagement, the responsibilities of both parties, and any other relevant terms and conditions.

Yes, an engagement agreement can be modified if both parties agree to the changes and the modifications are documented in writing.

If a client breaches an engagement agreement, the service provider may have the right to terminate the engagement and seek damages for any losses suffered as a result of the breach.

Yes, a service provider can terminate an engagement agreement if the client breaches the agreement, fails to pay fees, or engages in conduct that makes it impossible to continue the engagement.

If a service provider breaches an engagement agreement, the client may have the right to terminate the engagement and seek damages for any losses suffered as a result of the breach.

Yes, an engagement agreement can be terminated without cause if both parties agree to the termination and the terms of the termination are documented in writing.

If an engagement agreement does not include a termination clause, either party may terminate the agreement at any time by providing notice to the other party.

Yes, an engagement agreement can be enforced in court if one party breaches the agreement and the other party seeks damages for the breach.

Yes, it is recommended that you consult with a lawyer before signing an engagement agreement to ensure that you understand the terms and conditions of the agreement and that your rights are protected.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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