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A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
A comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. [1] The comfort letter can be issued by a Certified Public Accountant declaring no indication of false or misleading information in the financial statements and that the company's prospectus follows the prevailing accounting standards.
Letter of comfort (contract law) Letter of credence; Letter of intent; Letter of Jeremiah; Letter of recommendation; Letter of Reconciliation of the Polish Bishops to the German Bishops; Letter of Tansar; Letter of the Karaite elders of Ascalon; Letter of transmittal; A Letter to a Hindu; Letter to a Priest; Letter to Flora; Letter to His ...
Get answers to your AOL Mail, login, Desktop Gold, AOL app, password and subscription questions. Find the support options to contact customer care by email, chat, or phone number.
A U.S. Postal Service worker from Compton was arrested on suspicion of swiping more than 20 checks from the mail and depositing $281,000 into various bank accounts under her name, authorities said.
In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).
Across the United States, Christmastime meals mean different things for different people. For residents of South Carolina, Christmas means it is time to roast oysters.