An Analysis Of The Legal Standing Of Memorandum Of Understanding -By Oyetola Muyiwa Atoyebi & Cyril Dandison – Opinion Nigeria
In any transaction, it is essential to establish an agreement that outlines the terms, regardless of the transaction's nature. In this context, a Memorandum of Understanding (MOU), often referred to as an MOU, is a less formal agreement between parties indicating an intention to enter into a legally binding agreement.
Source: opinionnigeria.com