If you have a trade secret, for example, and you don’t want anyone to know about it, you don’t want anyone to be able to disclose that information, you want to protect yourself. That’s where an NDA comes into play…
Here is a scenario where an NDA would come in very handy, especially for Amazon sellers:
A lot of Amazon sellers have account managers, and sometimes they have access to manufacturers, authorized distributors, or wherever they’re sourcing the product from. There’s certain information that you, the Amazon seller / business owner, may not want your account manager to be able to somehow use against you for their own benefit.
For additional information on business law: