PDF PROBLEMS WITH LETTERS OF INTENT - Klehr

II PROBLEMS WITH LETTERS OF INTENT L etters of intent are a source of confusion, mystificationand acrimony. Neitherparty isusuallysure whether it wants to be bound when it signs, but later one of the parties wants the other to be bound. What starts out as an undertaking founded on honor and good faith ends as a contract foundering ................
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