A Memorandum of understanding (“MOU”), is a document entered into to set out the preliminarily understanding of parties who intend to enter into a formal contract at a later date. In some jurisdictions, it is known as “letter of intent”. The Black’s Law Dictionary considers an MOU as a letter of intent, and goes ahead […]
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Mr. X, a successful politician after a long day, received a call from a rather strange number. The person on the other end of the line told Mr. X that he has full knowledge of all Mr. X’s sexual escapades with numerous young women across the country. He makes an offer to Mr. X for […]
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