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Punch list. A punch list is a document prepared during key milestones or near the end of a construction project listing works that do not conform to contract drawings and specifications that the general contractor must correct prior to final payment. [ 1] The work may include incomplete or incorrect installations or incidental damage to ...
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 ...
Business letter. A business letter is a letter from one company to another, or such organizations and their customers, clients, or other external parties. The overall style of letter depends on the relationship between the parties concerned. Business letters can have many types of content, for example to request direct information or action ...
Comfort letter. A comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. [ 1] The comfort letter can be issued by a Certified Public Accountant declaring no indication of false or misleading information in the financial statements and that the company's prospectus follows the ...
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 legally binding agreement. The concept is similar to a heads of agreement, term sheet or memorandum of understanding. Merger and acquisition agreements, [ 1] joint venture agreements ...
Frequency analysis is based on the fact that, in any given stretch of written language, certain letters and combinations of letters occur with varying frequencies. Moreover, there is a characteristic distribution of letters that is roughly the same for almost all samples of that language. For instance, given a section of English language, E, T ...
The letter of the law and the spirit of the law are two possible ways to regard rules, or laws. To obey the letter of the law is to follow the literal reading of the words of the law, whereas following the spirit of the law is to follow the intention of why the law was enforced. Although it is usual to follow both the letter and the spirit, the ...
Asch did not state if this was in fact the same sample as reported in his 1955 paper; the principal difference is that the 1956 paper includes an elaborate account of his interviews with participants. Across all these papers, Asch found the same results: participants conformed to the majority group in about one-third of all critical trials.