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  2. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    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).

  3. Strategic partnership - Wikipedia

    en.wikipedia.org/wiki/Strategic_partnership

    [citation needed] [1] Strategic partnerships can develop in outsourcing relationships where the parties desire to achieve long-term “win-win” benefits and innovation based on mutually desired outcomes. No matter if a business contract was signed, between the two parties, or not, a trust-based relationship between the partners is indispensable.

  4. Term sheet - Wikipedia

    en.wikipedia.org/wiki/Term_sheet

    The difference between the two is slight and mostly a matter of style: an LOI is typically written in letter form and focuses on the parties' intentions; a term sheet skips most of the formalities and lists deal terms in bullet-point or similar format. There is an implication that an LOI only refers to the final form.

  5. Business correspondence - Wikipedia

    en.wikipedia.org/wiki/Business_correspondence

    Business letters are the most formal method of communication following specific formats. They are addressed to a particular person or organization. A good business letter follows the seven C's of communication. The different types of business letters used based on their context are as follows, Letters of inquiry; Letters of claim/complaints

  6. Strategic alliance - Wikipedia

    en.wikipedia.org/wiki/Strategic_alliance

    A strategic alliance is an agreement between two or more players to share resources or knowledge, to be beneficial to all parties involved. It is a way to supplement internal assets, capabilities and activities, with access to needed resources or processes from outside players such as suppliers, customers, competitors, companies in different industries, brand owners, universities, institutes ...

  7. SEC sends letter to companies urging updated ... - AOL

    www.aol.com/finance/sec-sends-letter-companies...

    In an attached sample letter, the agency asks for companies to disclose their relationship with other firms that have filed for bankruptcy, have experienced excessive redemptions (bank runs), have ...

  8. Business letter - Wikipedia

    en.wikipedia.org/wiki/Business_letter

    The overall style of letter depends on the relationship between the parties concerned. Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a ...

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