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Hide Phone Field from the Memorandum Of Understanding

Hide Phone Field from the Memorandum Of Understanding

Aug 6th, 2022

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How to Hide Phone Field from the Memorandum Of Understanding

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In this video, attorney Brian Russ discusses the concept of a Memorandum of Understanding (MOU). He explains that MOUs are generally intended as non-binding agreements that outline the intent of parties to engage in discussions or collaborations. However, he warns that simply labeling a document as an MOU does not guarantee it isn't legally binding. If the document includes the essential elements of a contract—such as mutual assent, offer, acceptance, consideration, and capacity—it may still be enforceable as a contract. Therefore, he advises caution when interpreting MOUs, as they can potentially have binding effects.

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