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Friday, 01/27/2023 1:27:58 PM

Friday, January 27, 2023 1:27:58 PM

Post# of 115457
A memorandum of understanding (MOU) is a document that describes the broad outlines of an agreement that two or more parties have reached.
MOUs communicate the mutually accepted expectations of all of the parties involved in a negotiation.
While not legally binding, the MOU signals that a binding contract is imminent.
The MOU is most often found in international relations.

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