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some businesses have learned the hard way that trade secrets and certain processes need to be protected which is why ndas or non-disclosure agreements are so prevalent in todays workforce in this video were going to go over a few important things to know about ndas including types of ndas the parties involved when to use an nda and things that can invalidate an nda first lets explain non-disclosure agreements what is an nda some healthy competition doesnt hurt and oftentimes it drives individuals and businesses to pass new boundaries but what if a chatty employee told a direct competitor a few of your secrets that youve worked for years to create such as the schematics of the innovative product you were set to launch and what if they let a version of theirs loose before you ever had the chance to make your announcement enter ndas a non-disclosure agreement is a legally binding contract that forbids someone like that chatty employee from sharing information considered to be confide
