In a Business Sale, a Letter of Intent

Multiple Choice

In a business sale, a letter of intent:

A) states that the buyer and the seller have reached a sufficient meeting of the minds to justify the time and expense of negotiating a final agreement.
B) should contain a clause calling for "good faith negotiations" between the parties.
C) addresses such issues as price, payment terms, a deadline for closing the deal, and others.
D) All of the above