{ "@context": "https://schema.org", "@type": "Organization", "name": "Brainscape", "url": "https://www.brainscape.com/", "logo": "https://www.brainscape.com/pks/images/cms/public-views/shared/Brainscape-logo-c4e172b280b4616f7fda.svg", "sameAs": [ "https://www.facebook.com/Brainscape", "https://x.com/brainscape", "https://www.linkedin.com/company/brainscape", "https://www.instagram.com/brainscape/", "https://www.tiktok.com/@brainscapeu", "https://www.pinterest.com/brainscape/", "https://www.youtube.com/@BrainscapeNY" ], "contactPoint": { "@type": "ContactPoint", "telephone": "(929) 334-4005", "contactType": "customer service", "availableLanguage": ["English"] }, "founder": { "@type": "Person", "name": "Andrew Cohen" }, "description": "Brainscape’s spaced repetition system is proven to DOUBLE learning results! Find, make, and study flashcards online or in our mobile app. Serious learners only.", "address": { "@type": "PostalAddress", "streetAddress": "159 W 25th St, Ste 517", "addressLocality": "New York", "addressRegion": "NY", "postalCode": "10001", "addressCountry": "USA" } }

Contracts & Agreements Flashcards

(8 cards)

1
Q

What is a Basic Contract?

A

Versatile tool that establishes the relationship between two parties

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2
Q

What is a Service Level Agreement (SLA)?

A

The standard of service a client can expect from a provider

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3
Q

What is a Memorandum of Agreement (MOA)?

A

Formal, outlines specific responsibilities and roles

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4
Q

What is Memorandum of Understanding (MOU)?

A

Less binding, expresses mutual intent without detailed specifics

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5
Q

What is the Master Service Agreement (MSA)?

A

Blanket agreement that covers the general terms of engagement between parties across multiple transactions

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6
Q

What is the Statement of Work (SOW)?

A

Used to specify details for a particular project

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7
Q

What is the Non-Disclosure Agreement (NDA)?

A

Commitment to privacy. Any sensitive information cant be shared during negotiations

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8
Q

What is a Business Partner Agreement (BPA)?

A

Document that goes a step beyond the basic contract when two entities decide to pool their resources for a mutual benefit

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