The High Court ruled that an informal agreement, even if not written as a formal contract, could be legally binding. But there must have been an “intention to create legal relationships.” A gentleman`s agreement is an informal, non-binding agreement in which the parties trust each other to keep their promises. We can also use the plural and say “gentlemen`s agreement”. It is usually not a document, that is, there are no signatures, papers or writings. If one of the parties violates the agreement, the others usually have no recourse to the courts. Simply put, a gentleman`s agreement has no legal force in most places. Every party in a gentleman`s agreement has the confidence that everyone will keep their promise because of their sense of personal honor. These examples are automatically chosen from different online message sources to reflect the current use of the word “gentleman`s Agreement”. The opinions expressed in the examples do not give the opinion of Merriam-Webster or its publishers. Send us feedback. The expression “gentleman`s agreement” appears in the archives of the British Parliament of 1821. He also appears in the Massachusetts public records of 1835. An oral agreement is a phrase you might use; an informal agreement would be different.
In the automotive sector, Japanese manufacturers agreed that no production car would exceed 276 hp (206 kW; 280 hp); the agreement ended in 2005.  German manufacturers limit the maximum speed of high-performance sedans (sedans) and station wagons to 250 km/h (155 mph).    When the Suzuki Hayabusa motorcycle surpassed 310 km/h (190 mph) in 1999, fears of a European ban or severe repression led Japanese and European motorcycle manufacturers to agree on a cap of 300 km/h (186 mph) in late 1999.  See the list of the fastest production motorcycles….