A Non-Disclosure Agreement is called with many names like NDA, CA; a confidentiality agreement- is a legal commitment between two or more parties who are about to share confidential information, data, or knowledge; and want to ensure that the same is kept confidential.
Non-Disclosure agreements (NDA) are essential whenever a company is engaged in serious discussions about a business deal. If a company is thinking of making an investment or licensing another firm’s technology, it first draws up an NDA. An NDA can help companies work together more efficiently by ensuring that neither one of them will reveal anything private or secret before the deal is completed.
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