Letter Of Intent
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Letter Of Intent
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a contract, legally binding agreement. The concept is similar to a Heads of agreement (law), heads of agreement, term sheet or memorandum of understanding. Merger and acquisition agreements, joint venture agreements, real property lease agreements and several other categories of agreements often make use of a letter of intent. The capitalized form ''Letter of Intent'' may be used in legal writing, but only when referring to a specific document under discussion. LOIs resemble short, written contracts, often in tabular form. They are not binding on the parties in their entirety. Many LOIs, however, contain provisions that are binding, such as those governing non-disclosure agreement, non-disclosure, governing law, Exclusive exclusivity or a Covenant (law), covenant to negotiate in good faith. A LOI may sometimes be interprete ...
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Loi M
Loi is the word in the Meitei language (Meiteilon) for the term "scheduled caste". The term ''Loi'' is given to the indigenous and aboriginal people of Manipur in northeast India who refused to adopt Hinduism or were semi-Hinduised when the newly converted Manipuri king ordered all his subjects to adopt the religion. The Chakpa language Chakpa ( Meitei exonym: Loi) is an extinct Sino-Tibetan language that was spoken in the Imphal valley of Manipur, India. It belonged to the Luish branch of the Sino-Tibetan family. Chakpa speakers have been shifted to that of Meitei language. V ... is also known as Loi. Although Chakpa people are usually considered to be Loi, not all Loi are Chakpa. There are two kinds of Loi according to Parratt (1998):Parratt, John ed. (1998). ''Notes on Meithei (Manipuri) beliefs and customs''. Manipur: Iboyaima Printers. * tributary tribes conquered by the Meitheis * outcasted people from Meithei society who were banished to Loi villages References ...
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Admissions Essay
An admissions or application essay, sometimes also called a personal statement or a statement of purpose, is an essay or other written statement written by an applicant, often a prospective student applying to some college, university, or graduate school. The application essay is a common part of the university and college admissions process. Some applications may require one or more essays to be completed, while others make essays optional or supplementary. Essay topics range from very specific to open-ended. United States The Common Application, used for undergraduate admissions by many American colleges and universities, requires a general admissions essay, in addition to any supplemental admissions essays required by member institutions. The Common Application offers students six admissions essay prompts from which to choose. According to ''Uni in the USA'', the Common Application essay is intended as a chance to describe "things that are unique, interesting and informative abo ...
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Legal Documents
Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legally enforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement.''Barron's Law Dictionary'', s.v. "instrument". Examples include a certificate, deed, bond, contract, will, legislative act, notarial act, court writ or process, or any law passed by a competent legislative body in municipal (domestic) or international law. Many legal instruments were written ''under seal'' by affixing a wax or paper seal to the document in evidence of its legal execution and authenticity (which often removed the need for consideration in contract law). However, today many jurisdictions have done away with the requirement of documents being under seal in order to give them legal effect. Electronic legal documents With the onset of the Internet and electron ...
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Letter Of Comfort (contract Law)
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.Mäntysaari, Petri. ''The Law of Corporate Finance: General Principles and EU Law.'' Heidelberg: Springer, 2010, p. 1985. Generally, a letter of comfort is drafted only in vague terms, to avoid creating enforceable contract terms.Fontaine, Marcel and De Ly, Filip. ''Drafting International Contracts: An Analysis of Contract Clauses.'' Leiden: Martinus Nijhoff Pub., 2009, p. 198. Few nations regulate letters of comfort by statute; whether a letter of comfort creates legally enforceable contractual terms is often determined only by courts of law, based solely on the wording of the document. Despite their nonbinding status, letters of comfort nonetheless pr ...
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Solicitation
Solicitation is the act of offering, or attempting to purchase, goods and/or services. Legal status may be specific to the time or place where it occurs. The crime of "solicitation to commit a crime" occurs when a person encourages, "solicits, requests, commands, importunes or otherwise attempts to cause" another person to attempt or commit a crime, with the purpose of thereby facilitating the attempt or commission of that crime.''Criminal Law - Cases and Materials'', 7th ed. 2012, Wolters Kluwer Law & Business; John Kaplan (law professor), Robert Weisberg, Guyora Binder, /ref> England and Wales In England and Wales, the term soliciting is usually "for a person (whether male or female) persistently to loiter or solicit in a street or public place for the purpose of prostitution" under the Street Offences Act 1959 as amended. The crime of soliciting should not be confused with the profession of a solicitor, which under UK law is typically that of a lawyer, who may also function ...
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Real Property
In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixed to the land, including crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads, among other things. The term is historic, arising from the now-discontinued form of action, which distinguished between real property disputes and personal property disputes. Personal property, or personalty, was, and continues to be, all property that is not real property. In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work in the market of buying and selling real estate. Scottish civil law calls real property "heritable property", and in French-based law, it is called ''immobilier'' ("immovable property"). Historical background The word " ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Extracurricular Activity
An extracurricular activity (ECA) or extra academic activity (EAA) or cultural activities is an activity, performed by students, that falls outside the realm of the normal curriculum of school, college or university education. Such activities are generally voluntary (as opposed to mandatory), social, philanthropic, and often involve others of the same age. Students and staff direct these activities under faculty sponsorship, although student-led initiatives, such as independent newspapers, are very common. However, sometimes the school principals and teachers also bring in these activities in the school among the students. Benefits of participation A group study conducted by surveying school-age students in the National Longitudinal Study of Adolescent Health revealed that 70% of adolescents in the USA are involved in some form of extracurricular activities. Other studies have shown being involved in extracurricular activities reduces the likelihood of dropping out of school ...
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Secondary Education
Secondary education or post-primary education covers two phases on the International Standard Classification of Education scale. Level 2 or lower secondary education (less commonly junior secondary education) is considered the second and final phase of basic education, and level 3 (upper) secondary education or senior secondary education is the stage before tertiary education. Every country aims to provide basic education, but the systems and terminology remain unique to them. Secondary education typically takes place after six years of primary education and is followed by higher education, vocational education or employment. In most countries secondary education is compulsory education, compulsory, at least until the age of 16. Children typically enter the lower secondary phase around age 12. Compulsory education sometimes extends to age 19. Since 1989, education has been seen as a basic human right for a child; Article 28, of the Convention on the Rights of the Child states that ...
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Head Teacher
A head master, head instructor, bureaucrat, headmistress, head, chancellor, principal or school director (sometimes another title is used) is the staff member of a school with the greatest responsibility for the management of the school. In some English-speaking countries, the title for this role is '' principal.'' Description School principals are stewards of learning and managing supervisors of their schools. They aim to provide vision and leadership to all stakeholders in the school and create a safe and peaceful environment to achieve the mission of learning and educating at the highest level. They guide the day to day school business and oversee all activities conducted by the school. They bear the responsibility of all decision making and are accountable for their efforts to elevate the school to the best level of learning achievements for the students, best teaching skills for the teachers and best work environment for support staff. Role While some head teachers still ...
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Athletic Scholarship
An athletic scholarship is a form of scholarship to attend a college or university or a private high school awarded to an individual based predominantly on his or her ability to play in a sport. Athletic scholarships are common in the United States and to a certain extent in Canada, but in the vast majority of countries in the world they are rare or non-existent. United States Overview In the United States, athletic scholarships are for team sports such as American football and basketball. There are full-ride scholarships for individual sports such as swimming, track or tennis for high performing athletes but most schools give partial scholarships in these sports. Even though individual sports have partial scholarships they still cover a significant amount of the cost of attending college. As of year 2020, only about 1% to 2% of undergraduate students in bachelor's degree programs were receiving athletic scholarships. Regulation and Organization In the United States, athletic s ...
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