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2. Letter of intent - Wikipedia

   en.wikipedia.org/wiki/Letter_of_intent

   Often it is necessary to officially begin the process of a purchase, and allow all peripheral interested parties to begin any other processes, with a letter of intent. For example, a multimillion-dollar loan for a commercial property may require a letter of intent before a financial institution will allow personnel to spend time working on said ...

3. Firm offer - Wikipedia

   en.wikipedia.org/wiki/Firm_offer

   In the United States, an exception is the merchant firm offer rule set out in Uniform Commercial Code - § 2-205, which states that an offer is firm and irrevocable if it is an offer to buy or sell goods made by a merchant and it is in writing and signed by the offeror. [2] Such an offer is irrevocable even in the absence of consideration. If ...

4. Offer and acceptance - Wikipedia

   en.wikipedia.org/wiki/Offer_and_acceptance

   If the offer was made to the entire world, such as in Carlill's case, [11] the revocation must take a form that is similar to the offer. However, an offer may not be revoked if it has been encapsulated in an option (see also option contract ), or if it is a " firm offer " in which case it is irrevocable for the period specified by the offeror.

5. How to get a loan to buy a business - AOL

   www.aol.com/finance/loan-buy-business-203055159.html

   Additionally, online lenders generally offer faster funding times, a significant upside if you want to purchase immediately. SBA loans Backed by the U.S. Small Business Administration, SBA loans ...

6. First-look deal - Wikipedia

   en.wikipedia.org/wiki/First-look_deal

   A first-look deal is any contract containing a clause granting, usually for a fee or other consideration that covers a specified period of time, a pre-emption right, right of first refusal, or right of first offer (also called a right of first negotiation) to another party, who then is given the first opportunity to buy outright, co-own, invest in, license, etc., something that is newly coming ...

7. Right of first refusal - Wikipedia

   en.wikipedia.org/wiki/Right_of_first_refusal

   Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. A first refusal right must have at least three parties: the owner, the third party ...