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As businesses continue to grow and expand, the need for confidentiality agreements has become increasingly important. One aspect of these agreements that can often be overlooked is the protection of oral information.

Oral information can be just as valuable as written information and can often be more easily shared between individuals. It is crucial for businesses to have confidentiality agreements in place that specifically address the protection of oral information.

When drafting a confidentiality agreement, it is important to include language that specifically addresses oral information. This language should specify that any oral information shared between parties must be treated as confidential and may not be disclosed to third parties without the express written consent of the disclosing party.

It is also essential to define what constitutes oral information within the context of the agreement. This may include things such as conversations, presentations, phone calls, and any other form of verbal communication that may include sensitive or proprietary information.

Furthermore, it is important to define the scope of the agreement. This will help to ensure that all parties involved understand what information is classified as confidential and what is not. In addition, the scope of the agreement should also outline any exceptions that may apply, such as instances where disclosure of the oral information is required by law.

Overall, businesses must be diligent in their efforts to protect sensitive information, regardless of whether it is written or oral. Confidentiality agreements that specifically address oral information can help to ensure that all parties involved are aware of their obligations and responsibilities, ultimately protecting the business from any potential damage that may result from the wrongful disclosure of sensitive information.

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