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Background Note
| HBS Case Collection
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2011
Just an MOU or a Real Deal?
by
Lena G. Goldberg and Mary Beth Findlay
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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.