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In this tutorial by Burt, a Memorandum of Agreement (MOA) is defined as a written document that outlines a cooperative relationship between two parties aiming to collaborate on a project or achieve specific objectives. It serves as a legal document detailing the terms of the partnership and is more formal than a verbal agreement but less so than a contract. Organizations utilize MOAs to establish collaborative agreements, such as service partnerships or technical assistance provisions, regardless of whether financial exchange is involved. The typical format of an MOA includes essential elements outlining the agreement's specifics and goals.
