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Message: <blockquote data-quote="Amma Usman" data-source="post: 196322" data-attributes="member: 36740">Hey there [USER=34061]@isTeapp[/USER] ,This is a very good question actually! I had no clue what it was prior to you mentioning it. So I did some research and came up with the below to help; I’ve also linked a few websites which have very useful guides on how to write one - [URL unfurl="true"]https://www.gov.uk/government/publications/setting-up-school-partnerships/guide-to-writing-a-memorandum-of-understanding-mou[/URL][URL unfurl="true"]https://www.docusign.com/en-gb/blog/how-to-write-memorandum-understanding[/URL]From what I’ve gathered…A memorandum of understanding, or MOU, is kind of like an agreement between two or more people or groups, but it’s not legally binding. It’s a document that says, “Hey, this is what we’re planning to do together,” without actually making it an enforceable contract. Think of it as a way to put everything on paper, like what each person or group is responsible for, what the goal is, and how you’re planning to work together. It’s often used in situations where people want to make sure they’re on the same page before getting into a formal agreement.For example, if two companies are thinking about partnering on a project, they might use an MOU to outline their intentions, like who will handle what part of the work or how they’ll share resources. It’s not set in stone, but it’s a good way to have a clear understanding before committing to anything more formal, like a contract.It’s also pretty flexible and can be used in all kinds of situations like business deals, research projects, or even between governments working together on something. The important thing is that it helps everyone involved know what’s expected and what the plan is, even if it’s not legally enforceable.Hope this helps, and best of luck on the AC!</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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