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SUMMARY OF THIS MEMO. This memorandum explains (and demonstrates) how to write a technical memorandum (TM). Websterâs. defines a memorandum as a âusually brief communication written for interoffice circulation . . . a. communication that contains directive, advisory, or informative matterâ. Adding the adjective âtechnicalâ. implies a certain degree of structure both in format and content. A TM is a concise and well written.
Generally, a Memorandum of Understanding is much less formal than a written Contract but is more formal than a mere handshake. A Memorandum of Understanding oftentimes is not binding on the Parties because it is missing at least one of the Four Elements required for a written Contract to be enforceable.