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Nondisclosure Agreement
A legal contract between two or more parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes but wish to restrict access to or by third parties.
Disaffirm
The legal act of denying, rejecting, or invalidating a contract or agreement.
Fair Market Value
The price at which an asset would sell in a competitive auction setting, reflecting the value agreed upon by a willing buyer and seller.
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