Never be afraid to hear negative feedback or objections from the buyer _ it means you will always know where you stand and gives you a chance to deal head on with their objections. And as far as disagreements over price go, the time to deal with them is before you accept the Letter Of Intent.
However, a sample may be required in other formal organizations. For example, a school may require the letter during the formation of a new group or club. It is also important for students wishing to join certain colleges for they can write the letter to show which college they intend to join. Students applying for positions in certain schools can also write the letter as they apply.