Two or more organizations with similar or identical system configurations and
backup technologies may enter into a formal agreement to serve as alternate sites
for each other or enter into a joint contract for an alternate site. Which of the
following best describes this setup?
A.
Memorandum of coordination
B.
Reciprocal memorandum
C.
Memorandum of understanding
D.
Reciprocal site
Explanation:
Two or more organizations with similar or identical system
configurations and backup technologies may enter into a formal agreement to serve as
alternate sites for each other or enter into a joint contract for an alternate site.
This type of site is set up via a reciprocal agreement or memorandum of
understanding (MOU).
A memorandum of understanding (MoU) describes a bilateral or multilateral agreement between two or more parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen’s agreement.