A Memorandum of Understanding is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen’s agreement.
MOUs can have the binding power of a contract; as a matter of law, contracts do not need to be labeled as such to be legally binding. Whether or not a document constitutes a binding contract depends only on the presence or absence of well-defined legal elements in the text proper of the document.
Our Elysium Technologies have signed Academic Memorandum of Understanding (ACMOU) in the following colleges, our services and quality of delivery makes us to sign in the forth coming years also.
These are the following colleges that our ACMOU have been done so far; we get good response and unexpectable deliveries