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In this video tutorial, the speaker explains how to write a non-disclosure agreement (NDA), a binding contract that mandates all parties to keep specific information confidential. NDAs have various applications, such as hiring employees with access to sensitive information, working with independent contractors or consultants, selling a business, or discussing new business or invention ideas. The video emphasizes the importance of NDAs in protecting sensitive information and preventing intellectual property theft. For further information on non-disclosure agreements, viewers are encouraged to visit the Law Depot website, which will be linked below.