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It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties, typically to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects non-public business information.

A non-disclosure agreement (NDA) is an agreement in contract law that certain information will remain confidential. As such, an NDA binds a person who has signed it and prevents them from discussing any information included in the contract with any non-authorized party.

LimitationsProof and Traceability. The first major limitation of an NDA is the near impossibility of tracing the chain-of-custody of leaked information and then proving it.Need to Enforce. A breach of an NDA simply gives you a chose in action, which generally means the right to sue.Jurisdiction.

An agreement on a plain paper has the same legal character and force as an agreement which has been reduced to writing on the letterhead of the company. The agreements are never drafted on the letterheads of the institutions. It is always on a plain paper.

Non-Disclosure/Conduct Policy Statement You have 2 minutes to review and accept (or not accept) this NDA. If you do not accept within that time period, your test will be terminated.

Grammar nits: "A NDA" should say "an NDA." The ellipsis should be three dots, and there shouldn't be a space before it.

A non-disclosure agreement is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to any others.