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L/I
(redirected from letter of intent)

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L/ILetter of Intent


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Letter of intent is a formal letter used to state the outlines of the agreement of parties This is a letter that may lead to the formation of a contract Letter of intent is a formal letter used to state the outlines of the agreement of parties.
Unfortunately, many shareholders who sell their companies will execute the letter of intent without recognizing the distinction and without considering the tax consequences of the asset sale, as opposed to a possible stock sale.
Please complete ONE Letter of Intent per action report to be submitted for review by the Reference Committee for the 2009 Membership Assembly.
 
 
 
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