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In this video tutorial, the speaker explains how to write a non-disclosure agreement (NDA), a binding contract that requires parties to keep specific information confidential. NDAs are useful in various situations, such as hiring employees or independent contractors with access to sensitive information, selling a business, or discussing new business ideas. The speaker emphasizes the importance of having an NDA to protect interests and prevent intellectual property theft. For further information on non-disclosure agreements, the speaker recommends visiting the Law Depot website, which will be linked in the video description.