Is NDA and merchant navy same?

Is NDA and merchant navy same?

To sum it all Merchant navy is a purely commercial form of sea career and is governed by both private and governmental shipping companies. Defence Navy, on the other hand, refers to nations’ maritime military wing. Both merchant navy and defence have deals with ships.

Is merchant navy hard?

If the chosen career is Merchant Navy, this task is even more difficult because such information may not come in handy. The mind of an aspiring mariner is often filled with uncertainties, doubts, fallacies and certain myths that prevail in and around the merchant navy profession.

What is an NDA and when do you need one?

An NDA is typically put to use any time that confidential information is disclosed to potential investors, creditors, employees, advisors, clients, or suppliers—or any other stakeholders that need access to the company’s confidential information.

What are the Common exclusions in an NDA?

Every NDA has certain exclusions from the obligations of the receiving party. These exclusions are intended to address situations where it would be unfair or too burdensome for the other side to keep the information confidential. The common exclusions include information that is Already known to the recipient

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What is the difference between a one-sided agreement and mutual NDA?

The one-sided agreement is when you are contemplating that only one side will be sharing confidential information with the other side. The mutual NDA form is for situations where each side may potentially share confidential information.

Should you include an intellectual property rights agreement in your NDA?

This can be included as a clause within the NDA, or for those who are really concerned their pot of gold will be pilfered, a separate Intellectual Property Rights Agreement like this one can be used. However, this may feel excessive to some and can be taken as an insult to one’s professional integrity.