Description: Non-disclosure agreements (NDAs) are legal contracts that establish that the parties involved cannot share sensitive or confidential information exchanged during a business or professional relationship. These agreements are fundamental to protecting privacy and intellectual property, as they ensure that information is not disclosed to third parties without the consent of the providing party. An NDA can cover various types of information, including trade secrets, financial data, business strategies, and personal information that must be protected to comply with privacy regulations. The validity of an NDA depends on its wording and the applicable legislation in the relevant jurisdiction. Generally, these agreements are used across various industries, from technology to healthcare, and are an essential tool for maintaining trust between parties and ensuring that sensitive information is handled responsibly and ethically.
