All of the following are true about a Confidentiality Agreements (NDAs) except f
ID: 2615976 • Letter: A
Question
All of the following are true about a Confidentiality Agreements (NDAs) except for:
a.They apply to both the buyer and the seller
b.They stipulate the type of seller information that will be made available to the buyer and how the information can be used
c.They limit the use of information about the seller that is already publicly available
d.They include a termination date
e.They limit the ability of either party to disclose publicly the nature of the discussions between the buyer and seller
Explanation / Answer
c.They limit the use of information about the seller that is already publicly available
The NDA does not put any obligation to the receiving party if information is publicly available or already known to the recipient.