What is a confidentiality agreement?

What is a confidentiality agreement?

A confidentiality agreement, or NDA, is a legal contract that protects sensitive information from being disclosed.

When should I use one?

You should use a confidentiality agreement when sharing sensitive information with others, like during business negotiations.

What are the key elements of a confidentiality agreement?

Key elements include the definition of confidential information, obligations of the parties, and the duration of confidentiality.

Can I create one myself?

Yes, you can create one yourself, but it's advisable to consult a legal professional to ensure it's enforceable.

What happens if someone breaches it?

If someone breaches a confidentiality agreement, they may face legal consequences, including damages or injunctions.