What is the difference between a stipulation and an agreement?

A stipulation and an agreement are both legally binding documents, but there are a few key differences between the two. A stipulation is a formal document between two parties in a civil case which states basic facts or resolves a certain issue without further negotiation or litigation. In other words, the parties involved agree on certain facts or conclusions in order to move the case forward and save time. An agreement, on the other hand, is a contract between two or more persons, corporations, or other entities that establishes the obligations of each party. Unlike a stipulation, which is usually an oral agreement, an agreement is usually written down and signed by all parties. Agreements usually involve more than just facts and conclusions and are more comprehensive than a stipulation, as they include promises of how each party is going to act. In summary, a stipulation is a document that resolves an issue or sets out certain agreed-upon facts, while an agreement tends to be a more detailed contract between two or more parties. In Delaware, both stipulations and agreements are legally binding documents, so it is important to carefully read and understand them before signing.

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What is the difference between a stipulation and an agreement?

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