Constitution is an aggregate of fundamental

When are MOU's Used? 

Common Uses

Individuals and organizations use MOUs in a variety of situations including:

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  Creating a payment schedule: especially if the contract does not specify one.
  
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  Explaining intentions: organizations may use an MOU to detail their intentions and purpose related to a contract.
  
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  Outlining conditions of transactions: companies may use MOUs to serve as an addendum to a legal contract--e.g. prenuptial agreement or a scale of property.
  

Another form of MOUs used in business and for personal reasons include an information memorandum. This document explains the information that the parties have related to whatever situation or project they're involved in. It may also be called a memorandus.

MOU's and Government

Governments may also use MOUs. For example, during the 2004 United States presidential campaign, John Kerry and George W. Bush agreed to a 32 page MOU that created guidelines for their televised presidential debates. In 1972, President Richard Nixon signed an MOU with the Soviet Union that established a telecommunication link between the two countries in order to prevent nuclear war.

The Fans and Opponents of MOU's

MOUs are popular among certain industries and less so among others. Lawyers, for example,  generally do not like MOUs because of their legal ambiguity. Government bureaucrats, on the other hand, like MOUs because they are informal and allow them to avoid the red tape and extended timelines associated with formal contracts.