Non-Disclosure Agreement - What is the purpose of a non disclosure agreement?

Q: What is the purpose of a non disclosure agreement?

Non-disclosure agreements are an important legal framework used to protect sensitive and confidential information from being made available by the recipient of that information. Companies and startups use these documents to ensure that their good ideas won't be stolen by people they are negotiating with.

Answer

To prevent the recipient from disclosing sensitive or secret information, non-disclosure agreements provide a crucial legal foundation. Startups and established businesses utilize these contracts to safeguard their intellectual property during negotiations.

Non-Disclosure Agreement - What is the purpose of a non disclosure agreement?

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