You should use a Non-Disclosure Agreement (NDA)/Confidentiality Agreement when you are going to exchange confidential information, i.e. your business idea.
Confidential Information is protected under Common Law in the UK, provided it is actually confidential, is disclosed under circumstances of confidentiality and any disclosure is damaging. However, a written confidentiality agreement will often focus minds and may give greater protection than under Common Law.
We can provide one-way or two-way (mutual) standard-form agreements in long or short form, depending on your requirements.
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