This document discusses latches and their design process. It begins by defining a latch as a circuit that has two stable states and can store state information. It then describes the different types of latches including asynchronous and synchronous latches. The RS latch is examined in more detail with diagrams of its logic structure and a truth table. Key properties of the RS latch are that it uses two inputs called Set and Reset to store a 1 or 0 without a clock, and it can immediately change its output when the inputs change.