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In the technology world, a common form of legal control is a nondisclosure agreement (NDA). Organizations often exchange NDAs, especially when considering licensing technology. When asked to sign an NDA that favors another party, an enterprise should carefully consider the risks involved. By signing an NDA, the organization agrees to keep sensitive information confidential and not use it without authorization. It's essential for enterprises to fully understand and evaluate the terms of any NDA before signing.
