Tag: start

Every business should protect proprietary information when dealing with independent contractors, vendors and other companies.The best way to do it is to use a non-disclosure agreement, frequently known as an"NDA."What's an NDA?An NDA is an agreement between two parties to safeguard confidential information disclosed in a business transaction.The proprietary information can include business procedures, financing, customer lists, and anything that is not already readily available in the public arena...

Although a lot of people believe that it will always be essential to get any agreement on paper, you can find cases in which a verbal agreement is legal and valid.However, since you can find in the same way many instances in which a written agreement is essential or, at the minimum helpful, this is a good idea to learn which situations demand which forms of agreements.The general guideline for deciding in case a contract must be in writing depends upon the type of the contract...