Memorandum of understanding - PwC Australia
https://www.pwc.com.au/...in.../iif-39-memorandum-feb16-3.pd...
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However, entering into an MOU may not be appropriate in certain circumstances. It may limit flexibility in future negotiations or distract the parties from negotiating a more complete agreement. There is also a risk that the parties inadvertently enter into an MOU that amounts to a legally binding arrangement when this is n