In the automotive industry, Japanese manufacturers have agreed that no standard vehicle would have more than 276 hp (206 kW; 280 CH); The agreement ended in 2005. [6] German manufacturers limit the maximum speed of high-performance sedans (berlines) and breaks to 250 km/h. [7] [9] When the Suzuki Hayabusa motorcycle exceeded 310 km/h in 1999, fears of a European ban or regulatory intervention led Japanese and European manufacturers to limit to 300 km/h at the end of 1999[10] See list of the fastest series bikes. Gentlemen`s agreements between industry and the U.S. government were common in the 1800s and early 1900s. The Bureau of Corporations, a predecessor of the Federal Trade Commission, was established in 1903 to investigate monopolistic practices. Sometimes, when the parties know each other very well, it may even be a non-verbal agreement. Sometimes the enabling contracts that create an international organization are not resolved on certain procedural or voting issues. Instead of modifying the formal document, which is usually a difficult task, an informal work agreement is developed to solve a particular problem.

As long as there is a consensus to respect the informal agreement, it is not necessary to embody it in a legal document. In some cases, these are gentlemen`s agreements in which Wall Street financiers, such as J.P. Morgan and his "House of Morgan," would meet with the bureau to obtain prior authorization for mergers and acquisitions. One such example was the gentlemen`s agreement in which regulators and the president ignored the Sherman Antitrust Act, which allowed united States Steel Corp. to become the world`s first multi-billion-dollar company. In the worst case scenario, a gentlemen`s agreement can be entered into to practice anti-competitive practices such as pricing or trade quotas. Since a gentlemen`s agreement is tacit - which is not subject to the document as a binding legal treaty - it can be used to create and enforce illegal rules. A gentlemen`s agreement is an informal agreement or transaction, often unwritten, which is supported only by the integrity of the other party to effectively comply with its terms.

Such an agreement is generally informal, oral and not legally binding. However, in the United Kingdom, this type of agreement can be legally binding (see the last part of this article). These examples are automatically selected from different online sources of information to reflect the current use of the word "gentleman`s Agreement." The opinions expressed in the examples do not reflect the views of Merriam-Webster or its publishers. Send us comments. On the west coast, an intense anti-Japanese atmosphere developed. U.S. President Theodore Roosevelt did not want to anger Japan by passing laws banning Japanese immigration to the United States, as had happened with Chinese immigration. Instead, there was an informal "gentlemen`s agreement" (1907-1908) between the United States and Japan, in which Japan ensured that there was little or no movement in the United States.

In the automotive industry, Japanese manufacturers have agreed that no standard vehicle would have more than 276 hp (206 kW; 280 CH); The agreement ended in 2005. [6] German manufacturers limit the maximum speed of high-performance sedans (berlines) and breaks to 250 km/h. [7] [9] When the Suzuki Hayabusa motorcycle exceeded 310 km/h in 1999, fears of a European ban or regulatory intervention led Japanese and European manufacturers to limit to 300 km/h at the end of 1999[10] See list of the fastest series bikes. Gentlemen`s agreements between industry and the U.S. government were common in the 1800s and early 1900s. The Bureau of Corporations, a predecessor of the Federal Trade Commission, was established in 1903 to investigate monopolistic practices. Sometimes, when the parties know each other very well, it may even be a non-verbal agreement. Sometimes the enabling contracts that create an international organization are not resolved on certain procedural or voting issues. Instead of modifying the formal document, which is usually a difficult task, an informal work agreement is developed to solve a particular problem.

As long as there is a consensus to respect the informal agreement, it is not necessary to embody it in a legal document. In some cases, these are gentlemen`s agreements in which Wall Street financiers, such as J.P. Morgan and his "House of Morgan," would meet with the bureau to obtain prior authorization for mergers and acquisitions. One such example was the gentlemen`s agreement in which regulators and the president ignored the Sherman Antitrust Act, which allowed united States Steel Corp. to become the world`s first multi-billion-dollar company. In the worst case scenario, a gentlemen`s agreement can be entered into to practice anti-competitive practices such as pricing or trade quotas. Since a gentlemen`s agreement is tacit - which is not subject to the document as a binding legal treaty - it can be used to create and enforce illegal rules. A gentlemen`s agreement is an informal agreement or transaction, often unwritten, which is supported only by the integrity of the other party to effectively comply with its terms.

Such an agreement is generally informal, oral and not legally binding. However, in the United Kingdom, this type of agreement can be legally binding (see the last part of this article). These examples are automatically selected from different online sources of information to reflect the current use of the word "gentleman`s Agreement." The opinions expressed in the examples do not reflect the views of Merriam-Webster or its publishers. Send us comments. On the west coast, an intense anti-Japanese atmosphere developed. U.S. President Theodore Roosevelt did not want to anger Japan by passing laws banning Japanese immigration to the United States, as had happened with Chinese immigration. Instead, there was an informal "gentlemen`s agreement" (1907-1908) between the United States and Japan, in which Japan ensured that there was little or no movement in the United States.

In the automotive industry, Japanese manufacturers have agreed that no standard vehicle would have more than 276 hp (206 kW; 280 CH); The agreement ended in 2005. [6] German manufacturers limit the maximum speed of high-performance sedans (berlines) and breaks to 250 km/h. [7] [9] When the Suzuki Hayabusa motorcycle exceeded 310 km/h in 1999, fears of a European ban or regulatory intervention led Japanese and European manufacturers to limit to 300 km/h at the end of 1999[10] See list of the fastest series bikes. Gentlemen`s agreements between industry and the U.S. government were common in the 1800s and early 1900s. The Bureau of Corporations, a predecessor of the Federal Trade Commission, was established in 1903 to investigate monopolistic practices. Sometimes, when the parties know each other very well, it may even be a non-verbal agreement. Sometimes the enabling contracts that create an international organization are not resolved on certain procedural or voting issues. Instead of modifying the formal document, which is usually a difficult task, an informal work agreement is developed to solve a particular problem.

As long as there is a consensus to respect the informal agreement, it is not necessary to embody it in a legal document. In some cases, these are gentlemen`s agreements in which Wall Street financiers, such as J.P. Morgan and his "House of Morgan," would meet with the bureau to obtain prior authorization for mergers and acquisitions. One such example was the gentlemen`s agreement in which regulators and the president ignored the Sherman Antitrust Act, which allowed united States Steel Corp. to become the world`s first multi-billion-dollar company. In the worst case scenario, a gentlemen`s agreement can be entered into to practice anti-competitive practices such as pricing or trade quotas. Since a gentlemen`s agreement is tacit - which is not subject to the document as a binding legal treaty - it can be used to create and enforce illegal rules. A gentlemen`s agreement is an informal agreement or transaction, often unwritten, which is supported only by the integrity of the other party to effectively comply with its terms.

Such an agreement is generally informal, oral and not legally binding. However, in the United Kingdom, this type of agreement can be legally binding (see the last part of this article). These examples are automatically selected from different online sources of information to reflect the current use of the word "gentleman`s Agreement." The opinions expressed in the examples do not reflect the views of Merriam-Webster or its publishers. Send us comments. On the west coast, an intense anti-Japanese atmosphere developed. U.S. President Theodore Roosevelt did not want to anger Japan by passing laws banning Japanese immigration to the United States, as had happened with Chinese immigration. Instead, there was an informal "gentlemen`s agreement" (1907-1908) between the United States and Japan, in which Japan ensured that there was little or no movement in the United States.

In the automotive industry, Japanese manufacturers have agreed that no standard vehicle would have more than 276 hp (206 kW; 280 CH); The agreement ended in 2005. [6] German manufacturers limit the maximum speed of high-performance sedans (berlines) and breaks to 250 km/h. [7] [9] When the Suzuki Hayabusa motorcycle exceeded 310 km/h in 1999, fears of a European ban or regulatory intervention led Japanese and European manufacturers to limit to 300 km/h at the end of 1999[10] See list of the fastest series bikes. Gentlemen`s agreements between industry and the U.S. government were common in the 1800s and early 1900s. The Bureau of Corporations, a predecessor of the Federal Trade Commission, was established in 1903 to investigate monopolistic practices. Sometimes, when the parties know each other very well, it may even be a non-verbal agreement. Sometimes the enabling contracts that create an international organization are not resolved on certain procedural or voting issues. Instead of modifying the formal document, which is usually a difficult task, an informal work agreement is developed to solve a particular problem.

As long as there is a consensus to respect the informal agreement, it is not necessary to embody it in a legal document. In some cases, these are gentlemen`s agreements in which Wall Street financiers, such as J.P. Morgan and his "House of Morgan," would meet with the bureau to obtain prior authorization for mergers and acquisitions. One such example was the gentlemen`s agreement in which regulators and the president ignored the Sherman Antitrust Act, which allowed united States Steel Corp. to become the world`s first multi-billion-dollar company. In the worst case scenario, a gentlemen`s agreement can be entered into to practice anti-competitive practices such as pricing or trade quotas. Since a gentlemen`s agreement is tacit - which is not subject to the document as a binding legal treaty - it can be used to create and enforce illegal rules. A gentlemen`s agreement is an informal agreement or transaction, often unwritten, which is supported only by the integrity of the other party to effectively comply with its terms.

Such an agreement is generally informal, oral and not legally binding. However, in the United Kingdom, this type of agreement can be legally binding (see the last part of this article). These examples are automatically selected from different online sources of information to reflect the current use of the word "gentleman`s Agreement." The opinions expressed in the examples do not reflect the views of Merriam-Webster or its publishers. Send us comments. On the west coast, an intense anti-Japanese atmosphere developed. U.S. President Theodore Roosevelt did not want to anger Japan by passing laws banning Japanese immigration to the United States, as had happened with Chinese immigration. Instead, there was an informal "gentlemen`s agreement" (1907-1908) between the United States and Japan, in which Japan ensured that there was little or no movement in the United States.