Non disclosure agreements are a type of contracts that are used to protect confidential information from being shared with someone or something outside the agreement. The enforceability of this agreement depends on the type of contract and jurisdiction.
An NDA is a contract that is usually signed between two parties who want to keep their confidential information private. It can be used for many purposes such as protecting trade secrets, intellectual property, or other sensitive data.
In most jurisdictions, an NDA is enforceable if it meets certain requirements such as the following:
- The terms of the agreement must be clear and unambiguous;
- The agreement must not violate public policy;
- There must be consideration in exchange for entering into the agreement;
- There must be no duress involved in signing the contract