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A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.
Used at the beginning of the subject when the subject of the email is the only text contained in the email. This prefix indicates to the reader that it is not necessary to open the email. E.g., "1L: WFH today" WFH – work from home. Used in the subject line or body of the email. NONB – Non-business. Used at the beginning of the subject when ...
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 wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...
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702 H Street, NW, Suite 300, Washington, DC 20001 Tel: 202-462-1177 • Fax: 202-462-4507 Mr. Charles Koch Chairman and CEO, Koch Industries P.O. Box 2256
The demand guarantee bridges the "gap of distrust" that exists between the parties. When the bank issues the demand guarantee, the beneficiary deals with a party whose financial strength he can trust and a party which would pay upon first demand regardless of an existing dispute between the parties on the performance of the underlying contract. [5]
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