A memorandum of agreement template, just like a partnership agreement, is an agreement signed between two parties who wish to work together. This agreement can be signed between any two parties who plan to work on a project together or to invest their resources in a business. It should be noted here that the objective to achieve would be the same for both the parties who signed the memorandum of agreement. Companies or organizations make use of memorandum of agreements to sign partnership pacts with other companies or collaborative parties in order to achieve mutual goals. The major objective behind…