Memorandum of agreement for work immersion partnership 2025

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A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. There are several types of partnership arrangements. In a general partnership, all partners share liabilities and profits equally.
As with many legal documents, a Memorandum of Agreement becomes a legally enforceable contract once both parties formalize their acceptance. This acceptance happens when parties sign the MOA, either digitally or by traditional wet ink signature.
For example, state what someone will do, not what they will not do. Agreements should be specific. As much as possible address: who, what, when and how questions. Careful reality checks should be done with the parties to ensure that the terms of the agreement are realistic and within their scope of authority.
The Department of Education issued DepEd Order no. 30 s. 2017 entitled Guidelines for Work Immersion which is the basis for the implementation of Work Immersion in all Senior High Schools (SHSs).
There are multiple ways to define the word, but it comes down to this: a partnership is (at least) two people being in a relationship that is more than just transactionalone person cares about, supports, and provides value to the other and vice versa.
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They share resources and responsibilities and agree to work together in a co-operative and mutually supportive way. Partnerships are about sharing resources, experience and skills to achieve outcomes that benefit partner organisations and the communities they serve.
Partnership refers to the linkage or relationship established by DepEd Central Office or its Regional and Schools Division Offices or schools with other organizations to implement a work immersion program, teacher training, use of facilities and donations that will benefit DepEd programs.
A partnership is the relationship between two or more people to do trade or business. Each person contributes money, property, labor or skill, and shares in the profits and losses of the business.

memorandum agreement work partnership