The Court, in giving its decision, summarized some of the key principles from previous cases, where there was a "battle of the forms": The contract must be read objectively; In most cases, a contract is formed once the last set of terms is sent and received, without the recipient objecting;
L. A simple but sometimes overlooked item. Include language that allows the LOI to be signed in counter_parts. Again, this is a small item but it can save you days in the process. A Letter of Intent is a terrific tool for helping to get your transaction off to good start and moving it toward closing more efficiently. While the information above certainly isn't exhaustive, it provides a great platform. As stated above, always consult the proper professional before acting.