Background Note | HBS Case Collection | July 2011

Just an MOU or a Real Deal?

by Lena G. Goldberg and Mary Beth Findlay

Abstract

Notwithstanding the professed intention of a party to an MOU, a "preliminary" agreement can have binding effect. This note explores the circumstances under which MOUs may give rise to binding and enforceable agreements.

Keywords: Curriculum and Courses; Contracts; Legal Liability; Management; Risk Management;

Citation:

Goldberg, Lena G., and Mary Beth Findlay. "Just an MOU or a Real Deal?" Harvard Business School Background Note 312-018, July 2011.