Nda
Understand the Problem
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Answer
An NDA is a legal contract ensuring confidentiality between parties.
An NDA, or non-disclosure agreement, is a legally binding contract where parties agree to keep shared information confidential. It establishes a confidential relationship between the parties and outlines what information must remain private.
Answer for screen readers
An NDA, or non-disclosure agreement, is a legally binding contract where parties agree to keep shared information confidential. It establishes a confidential relationship between the parties and outlines what information must remain private.
More Information
NDAs are commonly used in business to protect trade secrets or proprietary information. They are essential for maintaining competitive advantages and safeguarding company interests.
Tips
Confusing NDAs with other types of agreements, like non-compete clauses, can be a mistake. An NDA specifically deals with confidentiality, not restricting work opportunities.
Sources
- Non-disclosure agreement - Wikipedia - en.wikipedia.org
- Non-Disclosure Agreements (NDAs): Everything You Need to Know - ironcladapp.com
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