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What's the difference between protocol, agreement, contract and draft?
1. What's the difference between the words protocol, agreement, contract and draft?

All represent agreements, to varying degrees. The agreement is the most formal, and it represents the standard. A draft agreement represents a draft or bill.

2. What's the difference between the words protocol, agreement, contract and draft?

Agreement: generally refers to an action plan prepared for possible events or situations. For example, EmergencyResponseProtocol is something that China will definitely mention when reporting disaster news: "A government has launched an emergency plan." .

Agreement: This is the most commonly used name for an agreement/contract. Most English contracts are named after "agreements", such as: SecurityAgreement, DepositAccountControlAgreement and ShareSubscriptionAgreement.

Contract: refers to the legal concept of "contract". For example, this document constitutes the contracting parties. In a business environment, contracts are generally not used to name contracts because the word is antagonistic. Not as tactful as the agreement. The environment created by the agreement is mutual cooperation and benefit. However, when the word contract is used, mistakes are usually made. One party wants to use the concept of contract to bind the other party. The loan agreement named after LoanContract will be despised by some domestic banks. The correct translation is CreditAgreement.

Bill of exchange: generally refers to the bill of exchange. For example, draft share subscription agreement = draft subscription agreement.

3. What's the difference between agreement and reconciliation?

Agreement refers to agreement or contract, and settlement refers to handover and execution. You can see the difference from the following example:

We made arrangements, signed the contract and settled the account within 60 days. I hope everything goes well. We have arranged and signed the contract and solved the problem within 60 days. I hope everything goes well.

4. What's the difference between the words protocol, agreement, contract and draft?

The agreement is only "* * * knowledge", that is to say, if a word, "wehaveanagreement" only means "we have * * * knowledge".

A contract is a "contract", which is a contract that needs to be signed by the official law!

A bill of exchange is purely a "bill of exchange" and is invalid without seal.

The answer comes from Mary's English writing.