letter of intent
This query is : Resolved
25 April 2009
Can Letter Of Intent & contract is same?
Agreement contains the words "this LOI/cotract is enforceable till 20XX" Which Act cotain this provisions.
Agreement contains the words "this LOI/cotract is enforceable till 20XX" Which Act cotain this provisions.
26 April 2009
Letter of Intent and contract are not same.
Lettter of intent will contain the important particulars such as subject matter of contract, charges or fees, and the time schedule for completion.
Whereas the contract will give you detailes clauses and damges for delay and procedure for foreclosure and the quality of materials being used for completing the contract etc.,
You can refer law of contract for these words.
Lettter of intent will contain the important particulars such as subject matter of contract, charges or fees, and the time schedule for completion.
Whereas the contract will give you detailes clauses and damges for delay and procedure for foreclosure and the quality of materials being used for completing the contract etc.,
You can refer law of contract for these words.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is any professional CA is here please reply
- Reopen of assessment proceeding
- Rental income gst and it purpose
- Experts need help
- EPF FULL & FINAL RULES IN 2026
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Putting a heading on received mail
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
