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The Non-Disclosure Agreement (NDA) is an extremely common form of "protecting" entrepreneurs' ideas from being stolen.Unless entrepreneurs have some intellectual property to protect or code already written, an NDA is usually a sign of amateurism.

Property Your intellectual property or your business idea, which is the subject of the NDA, should be described as broadly as possible. A broad description will help to maintain confidentiality around your assets as well as potentially cover any broadly related ideas that you discuss.

An NDA ensures parties keep sensitive and proprietary information confidential. In the course of creating IP, you'll likely end up sharing information with third parties. By executing an NDA, you can protect your IP from being leaked or shared with potential competitors.

An NDA can only be enforced against the contracting parties, not third parties. This can become an issue when the receiving party discloses the disclosing party's confidential information to a third party.

The Non-Disclosure Agreement (NDA) is an extremely common form of "protecting" entrepreneurs' ideas from being stolen.Unless entrepreneurs have some intellectual property to protect or code already written, an NDA is usually a sign of amateurism.

What's Not Included in an NDAPublic records such as information filed with the SEC or the address of the company headquarters are not covered by an NDA. Moreover, not all knowledge is protected in an NDA. If the information is revealed due to a court-ordered subpoena, the aggrieved party may not have legal recourse.

An NDA creates a confidential relationship between the parties, typically to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects non-public business information. Like all contracts, they cannot be enforced if the contracted activities are illegal.