Legal SNART22 – HOW TO DRAFT EFFECTIVE MEMORANDUMS OF UNDERSTANDING BETWEEN BUSINESSES
In the fast-moving world of business partnerships and cross-company collaborations, it is vital to define mutual expectations before entering into binding contracts. A Memorandum of Understanding (MOU) serves as a practical tool for outlining intentions, responsibilities, and cooperation frameworks between parties. This article aims to help business leaders and consultants understand how to draft clear and effective MOUs that protect interests, reduce misunderstandings, and set a strong foundation for future agreements.
What is an MoU and Why Use One?
An MoU is …


