Vendor Agreement

Vendor Agreement

Question

Which of the following documents is typically signed by the vendor and includes a reference for how customers' internal information will be protected?

Answers

Explanations

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A. B. C. D.

D.

The document that is typically signed by the vendor and includes a reference for how customers' internal information will be protected is the Non-Disclosure Agreement (NDA).

An NDA is a legal agreement between two or more parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes but not with third parties. In a project, an NDA is often used when a vendor is contracted to provide services or products to a customer, and the vendor needs access to the customer's confidential information to fulfill the contract.

The NDA typically includes provisions for the protection of the confidential information that the customer is sharing with the vendor. It outlines what information is considered confidential and how it should be handled and protected by the vendor. The NDA may also specify the conditions under which the information can be shared with third parties and the consequences of any breach of the agreement.

The NDA is signed by both parties, the customer and the vendor, and is legally binding. It is an essential document to protect the customer's confidential information from unauthorized disclosure or use by the vendor or any third party.