All of the following are true about a confidentiality agreement except for
A) Often applies to both the buyer and the seller
B) Stipulates the type of seller information available to the buyer and how the information can be used
C) Limits the use of information about the seller that is publicly available
D) Includes a termination date
E) Limits the ability of either party to disclose publicly the nature of discussion between the buyer and seller

Question

Quizplus · Accepted Answer

A confidentiality agreement is meant to protect confidential or sensitive information from being shared with unauthorized parties. It does not limit the use of information about the seller that is publicly available, since such information is already in the public domain and therefore not considered confidential.

All of the Following Are True About a Confidentiality Agreement