An NDA is an agreement where parties involved in a business transaction disclose confidential information to each other and agree to keep it confidential.
An NDA is an agreement where parties involved in a business transaction disclose confidential information to each other and agree to keep it confidential.
Its purpose is to protect sensitive information, trade secrets, or proprietary data from being disclosed to unauthorized individuals or entities. The nature of an NDA is bilateral, as both parties undertake reciprocal obligations to protect each other’s confidential information.