What is an MOU? - PowerPoint PPT Presentation
Title:
What is an MOU?
Description:
Memorandum of Understanding is what MOU stands for. A Memorandum of Understanding (MOU) is a contract that specifies the objectives, roles, and understanding of two or more parties. The Terms, Conditions, and specifics of the collaboration or cooperation are subordinate to the MOU. An MOU, which is the precursor to a legally binding contract, is a non-binding agreement. – PowerPoint PPT presentation
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Title: What is an MOU?
1
WHAT IS AN MOU?
2
INTRODUCTION
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MEMORANDUM OF UNDERSTANDING IS IT A LEGAL
DOCUMENT?
No, it isn't because it lays out the intentions,
goals, terms, and other details of the
cooperation or relationship between the
contracting parties in a voluntary manner.
Depending on the precise wording used and the
parties' intentions, an MOU may occasionally have
some legal weight.
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WHAT DOES BUSINESS MOU MEAN?
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WHAT IS THE PURPOSE OF MOU?
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DOES CREATING AN MOU REQUIRE ANY DOCUMENTS?
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CAN AN ONLINE MOU BE SIGNED?
- Electronic Signature Platforms
- Legal Validity
- Authentication
- Tracking and Auditing
- Global Accessibility
- Efficiency and Convenience
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THANK YOU!
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