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The video tutorial provides an overview of a Memorandum of Agreement (MOA), which is a written document that outlines a cooperative relationship between two parties for a project or objective. The MOA serves as a legal document detailing the terms and specifics of the partnership agreement. It is more formal than a verbal agreement but less formal than a contract. Organizations can utilize MOAs to establish collaborative agreements, such as service partnerships or agreements for technical assistance and training. MOAs can be used even if no money is involved. The typical format of an MOA includes details on the project, objectives, roles, responsibilities, and signatures of the parties involved.
