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What is difference between letter of interest and letter of intent?
The difference between letter of interest and letter of intent is :The letter of interest : The letter of interest can is dedicated to several very different situations, such as convincing the recipient of our interest in the subject heading. Indicating why we are interested.However, letter of intent : allows this regard for caution, expressing its willingness to carry out a project while reserving the right to finally not to conclude the contract. also gives a status to pre-contractual relations during a certain period. However, the content of the letter of intent is variable and the parties are free to determine the elements to which it relates.
What is the difference between industrial and commercial?
A commercial venture is another name for a business. A company formed with the intent of legally making a profit by offering a good or a service is a commercial activity. An industrial activity is a type of commercial venture in which the service being offered is large-scale manufacturing or processing. An aluminum plant would be an industrial venture, as would an automobile manufacturer. The primary difference is in scope; but because of legal considerations (the size of the workforce, the impact to the environment, etc.) industries are more closely watched by government agencies, and have more regulations and restrictions they have to follow. For the same reason, a parcel of land may be zoned for commercial use, but not for industrial; you might be allowed to build a hotel and lodge in a quiet valley by a river, but not set up a fertilizer plant or a tree logging company there.
Why do you need to distinguish between mens rea and motive?
Motive and Mens Rea are not the same. Mens Rea is the blameworthy state of mind of the Defendant, whilst motive is just the reason and is irrevalnt in criminal liabilty. For example: D. stabs V. with the intent to kill, so he can marry his sister. The M.R 'intent to kill' is needed whilst the motive 'marry his sister' doesn't matter
What happened to the real estate market in the years between 2000-2008 What was the result of changes in the real estate market for people who bought houses with the intent of selling them for a prof?
Many things happened:1) Our friends Bubba Clinton, Barney Frank and Chris Dodd forced banks to lower their lending standards.2) Banks gave out loans to anyone with a pulse3) Buyers ignorantly thought that housing prices ALWAYS go up4) Buyers were not intelligent enough to understand what they were signing when it came to ARM's, zero-interest, etc.5) Buyers thought that housing was an entitlement and income should have no relation to what you can afford.6) HGTV had way too many show that glorified participating in an obvious housing bubble7) Home owners used phantom equity in their home as an ATM
What is the Letter Of Intent on international business?
A Letter of Intent (LOI) in international business is a document outlining the preliminary understanding between parties before formal agreements are finalized. It typically includes key terms, intentions, and conditions related to a potential partnership, investment, or transaction. While not legally binding, an LOI serves as a roadmap for negotiations and helps clarify expectations, fostering trust and alignment between the involved parties.
What is the purpose of good faith money in a real estate contract?
Good faith money in a real estate contract serves as a deposit to show the buyer's serious intent to purchase the property. It demonstrates commitment and helps ensure that the buyer will follow through with the transaction.
If letter of intent referes to FIDIC then the letter of intent can be considered as a formal contract?
yes
Can a letter of intent for a construction contract be considered a binding contract?
Letters of intent typically do not lead to liability for divergences of act or in omission as to their content, in and of themselves. However, the manifestations through letters of intent can affect findings of fact and conclusions of law as to duties, rights and obligations as to subsequent contracts and the legal implications and consequences arising from associated commercial activities.
What are the ratings and certificates for Law and Order Criminal Intent - 2001 Contract 7-12?
Law and Order Criminal Intent - 2001 Contract 7-12 is rated/received certificates of: USA:TV-14
Sample letter of intent for commercial space for rent?
yes
What is commercial logging?
Commercial logging is the harvest of timber from forests with the intent to sell the product. Iqra :P
If a life insurance policy is contested how does a judge determine intent if a new beneficiary form was requested but never submitted?
The life insurance policy is a contract. A judge can not determine "intent". Whoever is the named beneficiary is the beneficiary by contract.
What is the meaning of commercial portraiture?
A commercial portraiture is a painting or photograph that represents a person, in which the face and its expression is predominant. The intent of a commercial portraiture is to display the likeness, personality, and mood of the person.
What is intent to cancel?
Intent to cancel refers to a formal expression by a party indicating their desire to terminate a contract or agreement. This intent can be communicated through written notice or other means, depending on the terms of the contract. It often serves as a precursor to the actual cancellation process, allowing the other party to address any issues or negotiate terms before the cancellation is finalized. Understanding intent to cancel is crucial in legal and business contexts to ensure compliance with contractual obligations.
I was given a comerical lease on a residential property. What is my rights?
Your rights in terms of the contract are specified in the contract. If you find that you may not proceed with your commercial intent because the lease was granted fraudulently, you can take action against the landlord. The agreement is void is the property is not as stated/promised in the lease. Depending on how much money you have invested thusfar, you may be able to file a Small Claims action to recover. The limit in Florida for small claims is $5000. Be prepared to provide specific information about why the property is not usuable as a commercial site.
Can a person cancel a used car purchase in Florida if the deal was signed at buyers home and he never drove off lot?
From my understanding of the law. You must have drive the car off the lot for a contract to be valid. This in "intent of delivery" However, if it was delivered to your home AND you signed the contract; this is also "intent of delivery". You bought a car.
What are the release dates for Law and Order Criminal Intent - 2001 Contract 7-12?
Law and Order Criminal Intent - 2001 Contract 7-12 was released on: USA: 15 June 2008 Canada: 19 June 2008 Hungary: 25 September 2008 Japan: 8 June 2012
