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What is an NDA (non-disclosure agreement)?

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AI Paralegal Answer
An NDA (non-disclosure agreement) contractually obligates parties not to disclose confidential information. It can be one-way or mutual. [1][2] Protectable information Trade secrets, business plans, customer lists, and technical data—not public or illegal information. Duration Survival clauses specify how long duties last after the relationship ends. Breach Injunctions, damages, and attorney fees (if contracted) may follow. vs non-compete NDAs protect information; non-competes restrict employment—legality differs by state. [1][2]

Sources

[1]Cornell LII — Nondisclosure agreement
[2]Uniform Law Commission — Uniform Trade Secrets Act

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