Which of the following is the primary purpose of an MOA or an MOU?
A) State expectations of all signatory parties to reduce potential misunderstandings.
B) Facilitate potential legal action and resulting remediation if one of the signatory parties violates any terms.
C) Enumerate a detailed code of conduct for all employees, contractors, and subcontractors participating in the program.
D) Provide transparency to competitors regarding all signatory parties.

Question

Quizplus · Accepted Answer

An MOA (Memorandum of Agreement) or MOU (Memorandum of Understanding) primarily serves to outline the expectations and responsibilities of all parties involved to prevent misunderstandings.

Which of the Following Is the Primary Purpose of an MOA