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Thursday, 12/22/2022 11:10:34 AM

Thursday, December 22, 2022 11:10:34 AM

Post# of 28026
Similar to a contract, a memorandum of understanding is an agreement between two or more parties. Unlike a contract, however, an MOU need not contain legally enforceable promises. While the parties to a contract must intend to create a legally binding agreement, the parties to an MOU may intend otherwise.

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