Question

 Is a letter of intent binding?

Answer A letter of intent (LOI) is usually not binding because it is not a contract; it is an agreement or acknowledgment of a future transaction. It is possible for an LOI to have some individual provisi... Read More »
http://www.answerbag.com/q_view/1972748

Top Q&A For: Is a letter of intent binding

When is National Letter of Intent day?

For basketball, the National Letter of Intent day occurs on the second Wednesday in April. In football for JC players, the National Letter of Intent day occurs on the second Wednesday in December. ... Read More »
http://www.answerbag.com/q_view/2123313

Is a letter of intent a contract?

A letter of intent precedes a binding contract and is a way for the involved parties to sort out major issues before they agree to do business together. Sometimes, an injured party may argue that t... Read More »
http://www.answerbag.com/q_view/2234806

What is an intent to sell letter?

A letter of intent to sell is any business letter that outlines the terms of a purchase agreement or an investment agreement between two parties. It is also called a memorandum of understanding or ... Read More »
http://www.answerbag.com/q_view/2241815

How to Write a Letter of Intent?

There are many different reasons to provide a letter of intent. They are required for school applications, particularly graduate school, and other business, professional and personal purposes. This... Read More »
http://www.wikihow.com/Write-a-Letter-of-Intent


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